Dear Sir,
Please clear below confusion between two sentences.
The GTA service supplier is not entitled to take ITC on input services availed by him if tax is being charged @ 5% (2.5% CGST + 2.5% SGST).
In case the GTA service supplier hires any means of transport to provide his output service, no GST is payable on such inputs.
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GTA, RCM and INPUT
Replies (5)
1. First of all If GTA is supplying Goods Registered Person who is liable to do RCM , the GTA cannot charge 5% GST on FC . (Refer Notification 13/2017 CT(R))
2. As per Notification 12/2017 CT (r), Service from GTA to GTA is exempted
2. As per Notification 12/2017 CT (r), Service from GTA to GTA is exempted
Thank you sir.
then can GTA charge 12% on fc to registered person who is receiving the service.?
then can GTA charge 12% on fc to registered person who is receiving the service.?
Yes ,...In term to Notification 22/2018 CT(R) , GTA has given option to charge 12% on FC & can avail ITC on his inward supply & Recepient can also claim ITC on the same (No need to do RCM).
Note : The option can exercise in begining of FY & have to carry for whole year
Note : The option can exercise in begining of FY & have to carry for whole year
Dear sir
many thanks for clear my doubts.
many thanks for clear my doubts.
You are always welcome dear
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