Goods and Services Tax

SUNIL SINGLA

Goods and Services Tax – Started By: – Sunil Singla – Dated:- 5-12-2018 Last Replied Date:- 11-12-2018 – SIRONE OF OUR CLIENT IS GTA HAS SHIFTED HIM/ITSELF FROM RCM TO FCMNOW HIS QUERY IS THAT HE IS CHARGING FREIGHT FROM TWO TYPES OF CUSTOMERS: ONE IS INDUSTRIALIST OTHER IS FURTHER GTA. HIS QUERY IS THAT WHETHER HE HAS TO CHARGE GST FROM GTA OR NOT . WHETHER GTA TO GTA SERVICES ARE EXEMPTED SERVIES OR NOT.REGARDS ALL Reply By DR.MARIAPPAN GOVINDARAJAN – The Reply = What type of service is rendered between these two GTAs. – Reply By KASTURI SETHI – The Reply = No exemption from GTA to GTA is available. Your client is providing service of GTA under Forward Charge Mechanism. So it is his responsibility to collect GST on freight and deposit wi

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

port. A support from a learned person matters a lot to me. Really it is moral boosting for me, especially, in view of the time taken and pondered over again and again on a unique question. – Reply By DR.MARIAPPAN GOVINDARAJAN – The Reply = Sethi sir, Actually I learnt a lot. You were in the department and you must have vast experience. Being an officer in BSNL my expertisation is only on service tax matters. – Reply By KASTURI SETHI – The Reply = An extract of GST Council Meeting held on 5.8.17, option has to be given for providing GTA service under Forward Charge Mechanism S.No.8 Transport Agency Service (GTA) Allowed option of 12% GST with full ITC under forward charge. 5% GST with no ITC will also continue. (However, the GTA has to give

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Leave a Reply