GTA Service
rajesh (Accounts executive) (554 Points)
26 October 2018
Kunal Mittal
(FINANCE OFFICER)
(580 Points)
Replied 26 October 2018
yes he can charge 5% but transporter will not get its itc meaning it will be his expense.
also, he cannot do so in the middle of the year, he has to tell at the beginning of the year that whether he will opt for 12% (with itc) or 5% (without itc).
https://cleartax.in/s/goods-transport-agency-under-gst
rajesh
(Accounts executive)
(554 Points)
Replied 26 October 2018
RAJA P M
("Do the Right Thing...!!!")
(127133 Points)
Replied 26 October 2018
Originally posted by : rajesh | ||
Can registered GTA charge Gst 5% to Register Dealer on invoice? |
No need to Charge GST for GTA in his Invoice if GTA opt 5% category.
Receipient will be pay tax under RCM basis for service received from GTA as per sec 9(3).
Pankaj Rawat
(GST Practitioner)
(55032 Points)
Replied 26 October 2018
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"