Reverse Charge Mechanism

GTA is required to pay tax @ 6 or 5 % ?
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Quick Summary
This discussion clarifies the tax rate applicable to Goods Transport Agencies (GTAs) under the Reverse Charge Mechanism (RCM). It confirms that GTAs are required to pay tax at a rate of 5% when RCM is applicable, rather than the standard 6%.

GTA requires to pay at 5% under RCM
Yes 5% under RCM

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