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Gst on gta

Naman Vaish (Management Trainee) (52 Points)

28 July 2017

if a GTA does not charge GST on their Invoice then are we liable to pay GST under Reverse Charge Mechanism? If yes then we should pay GST under reverse charge at what % & whether we are able to claim ITC of the same OR not ?

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8 Replies

CA Saloni (Manager-Accounts & GST Consultant) (5124 Points)
Replied 28 July 2017

GTA service has been notified u/s 9(3) so the receipient is liable to pay GST under reverse charge @ 5% and ITC is available to the payer..

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Naman Vaish (Management Trainee) (52 Points)
Replied 28 July 2017

Can u please refer a link to the notification specified in the section 9 (3)?

CA Saloni (Manager-Accounts & GST Consultant) (5124 Points)
Replied 28 July 2017

Please refer to the below link..

Attached File : 1316073 20170728113424 notification13 cgst.pdf downloaded: 111 times

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 28 July 2017

You can see it in CGST act and also search google and clear Tax website....

Naman Vaish (Management Trainee) (52 Points)
Replied 28 July 2017

I still dont have the clarity about input tax credit. where is it clarified that itc would be available?

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 28 July 2017

Mam Saloni said...
ITC available for payer. It means, You (buyer) paid the GTA charges you can claim the ITC.
If they (seller) paid GTA, then they claim ITC.....