Gta rcm and turnover of gta service provider gst
This query is : Open
21 July 2017
Dear Sir,
As per GST Law provisions GTA service cover under RCM that receiver is liable to pay GST.
But It the transporter turnover is above 20L will he has to take registration or he has no limit of Turnover .
If such service is received by registered person he has to pay GST on RCM basis. What is the GST % for GTA?
Dear Sir,
As per GST Law provisions GTA service cover under RCM that receiver is liable to pay GST.
But It the transporter turnover is above 20L will he has to take registration or he has no limit of Turnover .
If such service is received by registered person he has to pay GST on RCM basis. What is the GST % for GTA?
21 July 2017
No need to take registration even if your turnover is more than 20 lakhs.
22 July 2017
Yes if person receiving services from GTA then you have to pay 5% on RCM, no matter transporter is registered or not.
23 July 2017
GST paid for GTA 5% inward and outward is GST is available as ITC ?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Form 26QB for TDS on property
- BLOCKED-INELIGIBLE GST CREDIT
- Amendment of September 2021 Invoice
- Regarding Form 15CA & CB
- Import license renewal
- GST on export of services and Input Credit
- Inventory Imported on FOC shipment Basis (Free of Cost) from related party - Accounting / Sales
- GST Input tax credit on Warehouse Rent but do not have registration
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
