Transport services in GST - reg

[venkat eswaran]

Dear Experts,

Some of the transports registered under GTA others in Parcel serivce and some in GTA service.

Now under GST GTA is 5% and Parcel Service and Courier is 18%

GTA pmt is non-cenvatable we are not able to credit i think.

If tranporter paid GST under Parcel and Courier service we can able to take credit.?

Pl clarify

Thnaks in advance

Venkat

[KASTURI SETHI]

You cannot change nomenclature of any service. Every service has accounting code to identify the service and for proper accountal. GST code for Services are the same as in the present regime.

AI Summary

Service classification under GST determines tax treatment and whether input tax credit is available for transport services. Classification of transport services determines applicable GST treatment and input tax credit eligibility; Goods Transport Agency and parcel/courier services are distinct categories with different tax treatment. Nomenclature and accounting codes for services must be maintained and cannot be changed to recharacterise a supply, and GST service codes follow the existing classification framework, with the declared service category governing tax codes, rates and credit availability.