Sir,
Is reverse charge applicable on composition dealer for GTA services.
if applicable can you please specify the rate of tax and where we have to enter in gstr-4.
Thanks in advance.
A Composition Dealer has to pay tax under Reverse Charge Mechanism wherever applicable.
The rate applicable to the supplies is the rate at which GST has to be paid. This means that rate under composition scheme should not be used for reverse charge purposes.
Also, no ITC is available for tax paid under reverse charge for a composition dealer.
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