I have hired a GTA for Rs. 1200
Is this amount exempted from gst since it is below 1500...or will it be taxable since single consignment is over Rs.750?
If what you hired is a local transport vehicle, there is no GST and it will not fall under GTA. GTA is a party which issues a Consignment note.
If you actually hired a GTA and still the hiring charges for the entire vehicle are Rs. 1200/- (below 1500/-), then no GST, but this scenario is very unlikely.
If what you are hiring is their service to send your a small consignment outstation in their (big) vehicle and the charges are above 750/-, and if you are the one making payment for the service (not the consignee), then you would need to pay 5% on RCM. If consignee is making the payment, consignee has to pay GST on RCM basis (assuming consignee is registered).
CAclubindia
