Tide (Accountant) (94 Points)
24 August 2019The GTA sales are all on reverse charge basis where the recipient pays GST on RCM basis.
The GTA had sold off old tyres for Rs.8000/- in 2017-18. Should GST have been charged on that? At what rate? Can I make the payment now while filing GSTR9 and 9C?
Thank you.
Sajal Mandal
(294 Points)
Replied 24 August 2019
CA S K MISHRA
(Service)
(4280 Points)
Replied 13 August 2020
Yes, GTA is liable to pay GST on sale of old tyre on forward charge. HSN 4004 , GST @ 5%
CAclubindia
