Foreign company

[Rajagopalan Sundaram]

GTA provides services of transportation in India to a foreign company

My questions are

1) what is the rate of gst to be charged . Pls confirm my understanding it is IGST.As foreign company has no GSTiN , how do GTA proceed in this regard.

2) Trucks for the above job were hired from URD transporter, hence rcm is payable by GTA which is 5 % . Can GTA take ITC for the same

Thank you

AI Summary

GST for Goods Transport Agencies: 12% Rate, ITC Claimable, Exemption for Unregistered Transporters Under Specific Conditions A discussion on a forum addressed the Goods and Services Tax (GST) implications for a Goods Transport Agency (GTA) providing services to a foreign company in India. The main queries were about the applicable GST rate and the procedure when the foreign company lacks a GST Identification Number (GSTIN). Responses clarified that the applicable GST rate under the Forward Charge Mechanism (FCM) is 12%, and Input Tax Credit (ITC) can be claimed if this rate is paid. Additionally, hiring vehicles from an unregistered transporter is exempt from GST under specific conditions, per a notification.