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Transporter liabilities in gst

Jyoti Narang (Kkk) (1204 Points)

09 June 2021

how to file gst returns by a transporter

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4 Replies

selvan thamarai (2 Points)
Replied 09 June 2021

Service 5% has file by rcm method

Jyoti Narang (Kkk) (1204 Points)
Replied 09 June 2021

Plz explain in details.the amount received by transporter for providing the transport service is received in bank account.how to deal.with it.

Deepak Kumar (791 Points)
Replied 10 June 2021

You are supply services under 5 % then you put the data B2b invoice column and enable the option reverse charge.or you are supply services is under 12% in that case you normaly entered in B2b invoice no enable option reverse charge so that taxable value is 100 and you charge 12 % in that case invoice value is 120 amd not enable any option or taxable value is 100 but tax charge is 5% in that case you are enable the option reverse charge

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veerendar singh (tax consultant) (3306 Points)
Replied 10 June 2021

You have examine taxability of each consignment.
sometimes there might be a case of exempt supply also.
tax payment and reporting will be done accordingly