04 August 2017
if a partnership firm used the services of gta and gta raises the Bilti. i need to know wether the exemptions of Rs5000 is available to the firm for using the services and whether the RCM deposited to the extent of 5%, the ITC of the same is available or not.
05 August 2017
GTA services are covered u/s 9(3) of the CGST Act whereas exemption under Notification 8/2017 (CGST) is available in respect of goods or services received under Section 9(4) of the CGST Act. Hence RCM is applicable and you would be entitled to input credit on payment of GST.
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