GST Payment on Reverse charge for GTA
Query (Issue) Started By: – Anil Kumar Dated:- 16-2-2018 Last Reply Date:- 20-5-2018 Goods and Services Tax – GST
Got 11 Replies
GST
Dear Sir,
\nWe are manufacturer and also do job work of distillation of solvents. All our materials supplied are through tanker and finished goods are also transported through tankers. earlier when service tax was in force we used to pay the GTA on reverse charge mechanism. My question now is whether we need to pay the GST on GTA transportation, if yes under reverse charge mechanism or at what percentage and if I pay, by when can I take credit of the paid GTA amount.
\nThanks and Regards
\nAnil Kumar M
\nReply By Alkesh Jani:
\nThe Reply:
\nSir, In terms of Notifica<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n it is also eligible. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" GST Payment on Reverse charge for GTA Query (Issue) Started By: – Anil Kumar Dated:- 16-2-2018 Last Reply Date:- 20-5-2018 Goods and Services Tax – GSTGot 11 RepliesGSTDear Sir, We are manufacturer and also do job work of distillation of solvents. All our materials supplied are through tanker and finished goods are also transported through … Continue reading “GST Payment on Reverse charge for GTA”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-10465","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/10465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10465"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/10465\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\nthe view expresses by my collegue friend is for goods transport agency.
\nReply By CS SANJAY MALHOTRA:
\nThe Reply:
\nI support views of Sh. Ganeshan ji.
\nReply By KASTURI SETHI:
\nThe Reply:
\nSh.CS Sanjay Malhotra Ji, I agree with you. Thus it implies that I also agree with Sh.Ganeshan Kalyani Ji.
\nReply By Anil Kumar:
\nThe Reply:
\nDear Sir,
\nOne more doubt is if it is within state it is CGST 2.5% and SGST 2.5%, and ITC credit can be taken immediately next month of the payment.
\nThank you all for the replies.
\nRegards
\nAnil Kumar M
\nReply By Praveen Nair:
\nThe Reply:
\nHi Anil, You can pay GST on RCM and can take of ITC in the same month.
\nReply By Ganeshan Kalyani:
\nThe Reply:
\nyes , if within State transaction then CGST + S<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n