Menu
GTA Service
GTA provide service to gta what is the tax rate and who will pay the tax
Replies (6)
Depends on the circumstances like what GTA follows reverse charge or forward charge
If reverse charge what is the effect
Services by way of giving on hire to a GTA, a means of transportation of goods are exempt from GST under N.N. 12/2017-Central Tax (Rate), dated 28th June 2017.
If the service is not hire it is normal service
Two rate applies 12% or 5%.
if reverse charge then 5% rate applies and ITC cannot be claimed. receiver pays tax in case if reverse charge.
if reverse charge then 5% rate applies and ITC cannot be claimed. receiver pays tax in case if reverse charge.
If both pat are gta
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
