Sir I am trader of Boulder I bought a truck and taken ITC of same, now I want to raise transportation invoice for transporting, at what GST rate I should have to raise invoice @ 5% or 12%? as I have taken ITC on TRUCK PURCHASE.
Weave Services (1 Points)
23 April 2024Sir I am trader of Boulder I bought a truck and taken ITC of same, now I want to raise transportation invoice for transporting, at what GST rate I should have to raise invoice @ 5% or 12%? as I have taken ITC on TRUCK PURCHASE.
CA Mayank A Jain
(Chartered Accountant in Practice)
(1035 Points)
Replied 23 April 2024
Since you have taken ITC, its suggested to charge GST and pay GST at the rate of 12%. ITC is not available where GST is paid at 12%.
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