Sir,
We are a good transport agency, but we do not own any single truck or fleet. We take trucks from their owners and pay charges to them. We raise bill to our parties which are already registered under GST. We clearly mentin on our invoice that GST will be paid on RCM basis by our clients. Except this, we are not supplying any service, although we are registered under GST, now my question is whether we need to register under GST or we have to cancel our registration as per notification no. 5/2017 of CGST Act. Seondary if we are liable to register under GST then whether we have to pay GST on payment made to truck owners or not. Please reply. Thanks in advance.
CAclubindia
