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What are the liabilities as a gta

S ELAVARASI (ACCOUNTANT) (2975 Points)

18 December 2017

Dear Sir / Madam.,

If a GTA can't charges GST in his Invoices also he file GSTR 1 with notified as "Reverse Charge Supply". After the Service receipient ll be pay Tax under RCM basis....

1. What is Tax liability to GTA dealer...?

2. Is their service is Exempted his ahands or Any Taxes ll be pay the GTA...?

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12 Replies

Manas Das (1431 Points)
Replied 18 December 2017

No liability for GTA service provider. the recipient will accept your invoice to claim input credit and will add up in his tax liability. it helps recipient because he does not have to prepare rcm invoice

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ASHISH PALLOD (353 Points)
Replied 18 December 2017

If gta rcm bill is less than rs 1500, the recipient can claim it as exempted supply. Then should recipient raise self invoice ? If no, then how should recipient treat this transaction in his gst return ?

Manas Das (1431 Points)
Replied 18 December 2017

sir. When GTA file return he will file all invoice even below 1500. recepiebt will accept the invoice and report it in its exempted supply received table no need to raise self invoice for remotes supply receipts

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ASHISH PALLOD (353 Points)
Replied 18 December 2017

@ Manasji, it means
1) Gta will report the bill in his gstr1.
2) That bill will be reflected in my gstr2 as rcm supply liable to pay gst.
3) I accept that bill.
4) As the bill is less than rs 1500, i am exmpted to pay gst on that bill.
5) I should show that bill as exmpted supply in my gstr2.
6) In which table of gstr2 i need to show that rcm bill as exempted supply ?

Manas Das (1431 Points)
Replied 18 December 2017

there will be exempt supply column in your gstr2

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Manas Das (1431 Points)
Replied 18 December 2017

for your information even we are procuring itc blocked item we are accept ing the supplier GSTR 1 and making itc eneligible

ASHISH PALLOD (353 Points)
Replied 18 December 2017

So, it means gta rcm bill less than rs 1500 will be treated in gstr2 of the recipient.
It means, as i have not raised any self invoice on ac of gta rcm bill, i need not to bother about this transaction while filing my gstr1 for that period.
Gta rcm bill come in picture for me only while filing my gstr2 for that period. is it correct ?

Manas Das (1431 Points)
Replied 18 December 2017

sir this is a scenario where your GTA service provider is filing return .please don't forget lot of GTA are giving gstin number but not filing return in those case you have to prepare rcm invoice. but in your case amount is below taxable limit so you don't have to prepare rcm invoice even if the GTA does not file gstr1

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ASHISH PALLOD (353 Points)
Replied 18 December 2017

Ok, thanks Manasji for your response.
This was the information i was trying to get since yesterday to file my quarterly gstr1.
As there is no need of self invoice on ac of gta rcm bill, i can file the gstr1 for September quarter now.
Thanks again Manasji.

Manas Das (1431 Points)
Replied 18 December 2017

welcome sir. I am obliged

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S ELAVARASI (ACCOUNTANT) (2975 Points)
Replied 18 December 2017

But.,

The discussion is not completed my query...!!!

GTA lll give RCM invoice Rs. 100,000 the receipient ll be pay tax under RCM Rs. 5000...

Then the GTA earn Rs. 100000. What is the GST liability in that One Lakh by GTA?

Manas Das (1431 Points)
Replied 18 December 2017

No liability for GTA

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