Whether GST is applicable on any Penalty or Charges payable to Regional Transport Office by any entity? If yes then who is liable to pay GST on such Penalty or Fees?
GST on Penalty/Fees paid to Govenment Authority
Haresh Raithatha
Does GST Apply to Penalties or Fees at Regional Transport Office? Exemption and RCM Details Explained A discussion on whether Goods and Services Tax (GST) applies to penalties or fees paid to the Regional Transport Office. One participant clarifies that services provided by a government authority are exempt from GST if the amount is up to 5000; amounts above this fall under the Reverse Charge Mechanism (RCM). Another participant references a decision by the Authority for Advance Rulings for further guidance. The original inquirer acknowledges the information provided. (AI Summary)