ram MOHAN (STUDENT) (50 Points)
20 July 2017dear every one,
what we have to mention in bill for goods transporter agency SAC OR HSN CODE,,
because governemnt providing both hsn and sac for goods transportation agency hsn as 8704 and sac as 91001,,
and im not sure to what to print on my invoice,,
can any pls help..
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178281 Points)
Replied 20 July 2017
Services Of Goods Transport Agency (GTA) In Relation To Transportation Of Goods [Including Used Household Goods For Personal Use]
SAC CODE.....9967 GST rate 5 % - No ITC
ram MOHAN
(STUDENT)
(50 Points)
Replied 21 July 2017
DEAR SIR
THANKS FOR REPLY
BUT AS PER MY KNOWLEDGE we can claim INPUT TAX CREDIT ON GTA beacuse it is NOT INCLUDED IN NEGATIVE LIST .
Negative list of goods & services under GST on which credit is not available
There are some specific goods and services covered under Section 17(5) on which input tax credit is not allowed under GST. These are given below:
v Motor vehicles and conveyances
v Food and beverages,
v Outdoor catering services
v Membership of a club, health, fitness centre like gym etc.
v Rent-a-cab, health insurance and life insurance except when the Government notifies the services which are obligatory for employers to provide to its employees.
v Travel benefits extended to employees on vacation such as leave or home travel concession.
v Any goods or services used for civil construction i.e. other than for plant and machinery.
v Goods and/or services on which tax is paid under composition scheme.
v Goods and/or services used for personal consumption.
REGARDS
MANOJ.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178281 Points)
Replied 21 July 2017
Yes, I agree it is not under the list of section 17(5) of CGST act,2017 ...... but the rates of GTA services itself are specified as 5% No ITC.......... so ITC cannot be availed by GTA as forward charge; while it is available to SR under RCM.
ram MOHAN
(STUDENT)
(50 Points)
Replied 21 July 2017
sir another query ,
IS GOODS TRANSPORTER AGENCY IS LIABLE TO REGISTER UNDER GST??(REFER NOTIFICATION 5/17)
AND IF THEY HAVENT REGISTERED , CAN WE CLAIM INPUT CREDIT FOR THE SEVRVICES PROVIDED BY THEM UNDER RCM.
BECAUSE IF HE NOT REGISTERED THEN HOW CAN HE UPLOAD HIS INVOICE DETAILS IN GSTR 1 EVERY MONTH AND HOW CAN WE CLIAM OUR RCM INPUT CREDIT ,,,
CAN U PLS TELL US SIR..
REGARDS ,
MANOJ.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178281 Points)
Replied 21 July 2017
GTA service is under RCM........ so, you are liable to pay under RCM and can avail ITC.......
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 21 July 2017
| Originally posted by : Dhirajlal Rambhia | ||
 |
GTA service is under RCM........ so, you are liable to pay under RCM and can avail ITC....... |  |
Good evening Sir.,
Small Truck owner (TATA Ace) is URD. The company pays freight charges to him... Then how to deal this...?
The company prepare invoices with goods, loading charges, packing and freight... Can calculate tax all of these...?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178281 Points)
Replied 21 July 2017
GTA service is under RCM......
GST applicable to company paying freight charge......
Yes, can calculate tax as per composite supply......
ram MOHAN
(STUDENT)
(50 Points)
Replied 26 July 2017
dear all
is it mandate to match invoice bill number and INVOICE AMOUNT of supplier while paying, because we received some short quantity i.e for 16000kg we received only 15900kg ,,so can we deduct the amt for the same , and is there any mismatch will happen when supplier files his gstr 1 and with our gstr 2 to claim input credit.
pls revert..
regards manoj
ram MOHAN
(STUDENT)
(50 Points)
Replied 26 July 2017
dear all
is it mandate to match invoice bill number and INVOICE AMOUNT of supplier while paying, because we received some short quantity i.e for 16000kg we received only 15900kg ,,so can we deduct the amt for the same , and is there any mismatch will happen when supplier files his gstr 1 and with our gstr 2 to claim input credit.
pls revert..
regards manoj
CAclubindia
