08 August 2017
Dear Sir, We are Registered Dealer with GST and doing business of Chemicals and Transportation also,In our Transportation business we have our own Tankers for running on higher, we used our tanker for our own business for the transport of our own material and sold it with inclusive cost off transportation as well as We hired the tankers from outside and running its on higher also, now our query is that if we raised Transport Invoice for the our both of type transport business shall we liable to collect GST on the said transport service ? Thanking you SUDHIR MANDAL
08 August 2017
yes, you can charge GST in your output supplies. For the tankers taken on hire by you : if they are unregistered, you need to pay input GST on RCM basis. (For this ITC is available to you0
08 August 2017
Thanks for reply but I could not completely understand for my query, again I repeat the question for that. If we raised Transport Invoice without GST is it valid transaction ? Thanks SUDHIR MANDAL
CAclubindia
