Reverse charge gta
This query is : Resolved
10 March 2019
i am having bill of transporter company of Rs 10000 and rto charges 10000 is also there rto receipt is there so total bill comes to Rs 20000
i am paying gst @ 5% on Rs 20000 under rcm and deducting tds@ 2% on Rs 10000
am i right please confirm
i am paying gst @ 5% on Rs 20000 under rcm and deducting tds@ 2% on Rs 10000
am i right please confirm
10 March 2019
TDS under GST need to be deducted only by certain class of person :-
GST law has mandated following class of persons to deduct TDS while making payments to the supplier of goods or services:
A central or state government department or establishment.
Local Authority
Government agencies
Other persons, as may be notified
GST law has mandated following class of persons to deduct TDS while making payments to the supplier of goods or services:
A central or state government department or establishment.
Local Authority
Government agencies
Other persons, as may be notified
10 March 2019
Dear Madam,
i am deducting tds @ 2% under income tax rule tds under sec 194 C not under gst rules
also gst @ 5% should be payable on Rs 10000 or Rs 20000 including rto charges. please confirm
i am deducting tds @ 2% under income tax rule tds under sec 194 C not under gst rules
also gst @ 5% should be payable on Rs 10000 or Rs 20000 including rto charges. please confirm
11 March 2019
In my opinion , GTA service is under RCM but payment of RTO charges is not covered under sec 9(3) of CGST Act
11 March 2019
If GTA charged the total consideration of Rs. 20000 in his bill, you have to pay gst on rs. 20000 under Rcm
12 March 2019
thankyou very much madam for your reply
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