Regarding applicability on transport services
Abhishek Sharma (62 Points)
05 January 2021
I have 8 trucks and I also registered in GST, so my service is exempted under gst
Abhishek Sharma (62 Points)
05 January 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 05 January 2021
Spurto Consultancy Services
(Consultant)
(1891 Points)
Replied 05 January 2021
If your only providing GTA services then yes your services are exempted. Th recipient will pay GST @ 5% under RCM. But if you want then you can charge higher rate of GST and also take ITC on your inputs.
Sumit Shukla
(378 Points)
Replied 05 January 2021
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"
CAclubindia
