Dear Sir
Service by a GTA There are two options
1. 12 percent with full ITC
2. 5 percent GST under RCM which will be able to claim the same in full with normal ITC
but apart from these two options we can bill 5 percent of any shipper without ITC.
Could this be the third slab rate will available for GTA company.
And if yes, can any one of these three be maintained in the company , they can only maintained one
Regards, Mohan Jha
Mob No. 8447841567
Menu
GTA Service
Replies (1)
For GTA companies There are Two options
1. 12 % with full ITC
2. 5 % without any ITC.
and GTA company can maintain only one option from above.
Recent Topic
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
Related Topics
CAclubindia
