Hello friends,
Can anyone tells that subtransportation contract is liable to gst???
Yes. It will.
8 Replies
NISHIT MAJETHIYA
(ARTICLESHIP)
(71 Points)
Replied 17 June 2018
company is paying gst on RCM basis on behalf of main transporter, then how subtransporter will liable to??
Kalpesh
(Chartered Accountant)
(349 Points)
Replied 17 June 2018
3 parties are involved here.
1. Main co who is taking service of Transporter.
2. Transporter giving sub contract to Sub-transporter
Hence, Sub-transporters GST will be paid by main party to whom original contract of transportation is given by the Service recipient co.
And main contractors GST portion will be paid by the co. under RCM.
NISHIT MAJETHIYA
(ARTICLESHIP)
(71 Points)
Replied 17 June 2018
ok as you said is agreed but then there is double taxation... and cascading effect is there,
for eg if co. is paying RS 100000 to main contractor, from that amount itself main contractor is paying 90000 to subcontractor..
for eg if co. is paying RS 100000 to main contractor, from that amount itself main contractor is paying 90000 to subcontractor..
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 18 June 2018
No , GTA service to GTA is exempted .
NISHIT MAJETHIYA
(ARTICLESHIP)
(71 Points)
Replied 18 June 2018
any notification or exemption is there then kindly share the link...
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 18 June 2018
As per Notification 12/2017 CT (r) , Entry No. 18
NISHIT MAJETHIYA
(ARTICLESHIP)
(71 Points)
Replied 18 June 2018
hello pankajsir can u send the link of the said notification...???
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