Do Transporters of passengers by motor vehicle have the option to pay tax at 5% without ITC instead of a higher rate with ITC or mandatorily 5% without ITC. If there is a option please can they change scheme in between a financial year?
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 02 September 2018
Dear sir please see this amendment
https://cbec-gst.gov.in/pdf/central-tax-rate/notfctn-31-CGST-rate-english.pdf see amendment to serial number 8
the words motor cab has been replaced by any motor vehicle.
Whether a person is allowed to switch to other scheme inbetween a financial year?Thanks
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 02 September 2018
Vinod Babu
(24196 Points)
Replied 02 September 2018
Mohammed Goryawala
(727 Points)
Replied 10 December 2018
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 10 December 2018
AS PER NOTIFICIATION 20/2017 CT (RATE) AMENDING PRINCIPAL NOTIFICATION 11/2017 CT (R)
IT 12% WITH ITC & 5% WITHOUT ITC
IF HE IS TOUR OPERATOR THEN ITS 5%
RAKESH
(SELF)
(70 Points)
Replied 03 February 2019
EXPERTS
a person carring transport of passengers via Bus services and not want to claim ITC. can he charged GST @ 5% from customers. please provide N/N
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 04 February 2019
DEAR RAKESH
ITS NOTIFICATION 11/2017 CT (R), DT. 28/06/17 , GST 5% WITHOUT ITC
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