CA, CS, CMA : Explore the GST implications on Goods Transport Agency (GTA) services, exemptions, rates, and the impact of consignment notes on t...
Goods and Services Tax : Explore the latest GSTN advisories, including additions of Karnataka Bank and RBL Bank, forward charge option for GTAs, and date e...
Goods and Services Tax : Goods Transport Agency (GTA) is a term used to describe businesses that provide transportation services to transport goods by road...
Goods and Services Tax : Learn about Annexure V, a declaration form for Goods Transport Agencies (GTA) to opt for paying GST under forward charge, impactin...
Goods and Services Tax : Goods Transport Agency means any person who provides service in relation to transport of goods by road and issues consignment note...
Goods and Services Tax : गुड्स ट्रांसपोर्ट एजेंसियों को जीएसटी कर का फॉरव...
Goods and Services Tax : Goods Transport Agencies have to submit Annexure V to opt for Forward charge of Tax and for the Financial Year 2023-24 and the d...
Service Tax : Beterman Engineering Private Limited Vs Commissioner of CGST & CX (CESTAT Kolkata) Appellant has all along taken the view that...
Goods and Services Tax : Are Cotton Seeds Banaula included in the list of agricultural produce for exemption GTA service under Notification No.12/2017 date...
Service Tax : Held that, service tax will not be levied on the donations received by a trust from its members and on freight charges paid toward...
Goods and Services Tax : In re Deeraj Goyal (GST AAR Andhra Pradesh) Whether the applicant will be classified under transportation of goods by road, which ...
Goods and Services Tax : In re Arvinder Singh Bhatia (GST AAR Chhattisgarh) As to whether diesel filled free of cost by the service recipient in the engage...
Goods and Services Tax : Notification No. 08/2023 Union Territory Tax (Rate) - CBIC exempts Goods Transport Agencies (GTAs) from yearly GST declarations un...
Goods and Services Tax : Notification No. 08/2023 Integrated Tax (Rate) - CBIC exempts Goods Transport Agencies (GTAs) from filing yearly GST declaratio...
Goods and Services Tax : CBIC amends Notification to exempt GTAs from filing yearly GST declaration under forward charge as per the 50th GST Council Meetin...
Goods and Services Tax : The Ministry of Finance, through Notification No. 06/2023-Union Territory Tax (Rate) issued on 26th July 2023, introduces amendme...
Goods and Services Tax : Notification No. 06/2023-Integrated Tax (Rate) amends GST for GTA, allowing the continuation/exercise of RCM/FCM option. Effective...
Goods Transport Agencies have to submit Annexure V to opt for Forward charge of Tax and for the Financial Year 2023-24 and the due date of submission of the Annexure V by the Transport company was 15th March 2023.
Goods Transport Agency (GTA) is a term used to describe businesses that provide transportation services to transport goods by road. In the context of GST (Goods and Services Tax), GTA has a specific definition and is subject to specific rules and regulations. In this article, we will discuss the definition of GTA, its scope under GST, and the compliance requirements for businesses that fall under the category of GTA.
Learn about Annexure V, a declaration form for Goods Transport Agencies (GTA) to opt for paying GST under forward charge, impacting tax liabilities and compliance procedures.
In compliance of Notification No. 03/2022-Central Tax (Rate), dated 13th July, 2022, an option is being provided on the portal to all the existing taxpayers providing Goods Transport Agencies Services, desirous of opting to pay tax under the forward charge mechanism to exercise their option.
Goods Transport Agency means any person who provides service in relation to transport of goods by road and issues consignment note, by whatever name called. Individual truck/tempo operators who do not issue any consignment note are not covered within the meaning of the term GTA.
Availability of Input Tax Credit by the recipient of service: – The recipient of service shall be eligible for the avail Input Tax Credit even if the place of supply of said service is outside India , subject to the fulfilment of conditions.
Understand the implications of GST on road transport of goods. Learn about the exemption for goods transportation agencies and courier agencies.
Beterman Engineering Private Limited Vs Commissioner of CGST & CX (CESTAT Kolkata) Appellant has all along taken the view that transport service is not taxable service as it was not provided by the goods transport agency, but by goods transport operator and/or individual truck owners namely an individual either owning or operating. This plea has […]
Are Cotton Seeds Banaula included in the list of agricultural produce for exemption GTA service under Notification No.12/2017 dated 28 June, 2017 Tariff heading 9965/996712?
Explore the intricate details of Goods and Services Tax (GST) on Goods Transport Agency (GTA) Services by Road. Understand the definition of a GTA and the services exempt from GST. Delve into the taxable and non-taxable items, exemptions for specific recipients, and the applicable GST rates for registered and unregistered entities. Stay informed on the latest updates and make informed decisions regarding the taxation of GTA services in the realm of GST.
