A transporter owns some trucks and issues bilty and has turnover of 20 crs. GST is not being charged and GST is to be paid under reverse charge by the receipient.
Whether this transporter is required to take gst registration when he is issuing Bilty as by issuing bilty he becomes a GTA Or being exempted supplies, he is not required to take Registration?
Transporter Issuing Bilty Must Register for GST if Making Inter-State Supplies per CGST Act Section 24 A transporter with a turnover of 20 crores issues bilty and does not charge GST, as it is paid under reverse charge by the recipient. The question is whether the transporter needs GST registration when issuing bilty, as it classifies him as a Goods Transport Agency (GTA). Responses highlight that under Notification No. 5/2017 and Section 23 (1)(a) of the CGST Act, those engaged exclusively in exempt supplies are not required to register. However, if the transporter makes inter-state supplies, Section 24 mandates registration. The consensus leans towards requiring registration if inter-state supplies are involved. (AI Summary)
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