Dear expert,
One of my friend taking the goods transport vehicles from various source inturn supplying to courier agency along with driver and charging day rental and based on the km runs and he will not issue any consignment note.
Mt doubt is whether he will be treated as GTA?
If not what is the rate of tax to be charged on the bills.
As per the exemptions provided in the notification no. 12/2017 cgst(rate) sac no. 9965 says exemption to goods transport except 1) gta and 2) courier agency and 3) inland waters.
Please clarify me.
Thanks in advance.
Classification as goods transport agency determines GST treatment and applicable rate for vehicle rental supplies without consignment notes. Classification as a Goods Transport Agency versus a general transport or rental service determines GST treatment and the applicable rate for hiring goods transport vehicles with drivers; the distinction depends on tariff subheadings and service accounting classifications rather than solely on whether a consignment note is issued, and different categories such as GTA, courier services, and inland water transport are treated separately under the exemption framework. (AI Summary)
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