GST on GTA Service

[saket s]

Hi,

Subsequent to decisions of 20th meeting of GST Council how much GST freight forwarder will charge and whether, as a service recipient, can we take credit of GST.

Thanks

Saket

[KIRTIKUMAR PUROHIT]

12% with Input Tax Credit & 5% without ITC

[Himansu Sekhar]

Let the notif. Is notified.

[RameshBabu Kari]

Dear Experts,

In case of RCM, gst paid 5% under RCM, in such cases, such 5% can avail ITC ?

[Himansu Sekhar]

Credit on the gst paid on RCM is available

AI Summary

GST on GTA services: higher rate permits input tax credit, lower notified rate initially without ITC; RCM credit allowed.
GTA services face two charging frameworks: a higher notified rate that allows Input Tax Credit, and a lower notified rate charged without ITC; GST paid by the recipient under the Reverse Charge Mechanism at the lower rate is available as credit.