As per notification 12 - point 18, transport of goods other then GTA is exempt.
As per notification 11 - point 9 (v), any service which is not covered under 9(i-iv) is taxable at 18%.
What to do. pls explain.
Yes you are exactly very good....
The points of following
1. Goods by rail
2. Goods in a vessel
3. GTA (CN, LR,)
4. Container (Other than IRCTC)
5. Above said "other than" Only above said 5
| Originally posted by : siril | ||
 |
As per notification 12 - point 18, transport of goods other then GTA is exem- 750/1500 ? |  |
Mr. siril....
Please see the link
https://cleartax.in/s/goods-transport-agency-under-gst
Sir,
Notification 11 tells about rates of entire services and in notification 12 it gives a list of services which are exempted (as of now i.e., untill this notification is effective).Once the exemption is withdrawn in future by a notification it will be taxable at the rate of 18%(CGST + SGST) .Now a per Notification 12,Services by way of transportation of goods other than GTA(Goods Trasport Agency) is exempted.
Thank you.
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
View Details
CAclubindia
