19 July 2012
we,a pvt ltd co are receiver of the GTA services.do we need to register ourself after it crosses 10lac limit or we have to see limit of 1500 or 750? what if we are providing other services then do we need to see total of both the services for limit of 10lac or individually we have to check?
20 July 2012
For GTA service no limit of Rs.10 lacs is available as it is on reverse charge method. You have to see the limit of Rs.1500 or Rs.750. In case of other services you have to see the limit of Rs.9 lakhs for registration if that service doesnot cover under the reverse mechanism.
28 July 2012
this is the 1st year of the pvt ltd co....still we have to register for GTA services if it exceed limit of Rs.1500? what if we have not registered ourself for the GTA services in the 1st year although the limit is exeeded? what will be the consequences of not paying st and not filling returns?
CAclubindia
