GTAs can opt for 12% GST with full ITC or stick with 5% GST without ITC; declare annually.

GTAs can opt for 12% GST with full ITC or stick with 5% GST without ITC; declare annually. https://www.taxtmi.com/highlights?id=35836 Changes in GST - Goods Transport Agency Service (GTA) - Allowed option of 12% GST with full ITC under forward charge. 5% GST with no ITC will also continue - However, the GTA has to give an option at the beginning of financial year en-us Sun, 06 Aug 2017 18:36:41 +0530 Mon, 07 Aug 2017 17:42:21 +0530 TaxTMI RSS Generator GTAs can opt for 12% GST with full ITC or stick with 5% GST without ITC; declare annually. https://www.taxtmi.com/highlights?id=35836 Changes in GST - Goods Transport Agency Service (GTA) - Allowed option of 12% GST with full ITC under forward charge. 5% GST with no ITC will also continue - However, the GTA has to give an option at the beginning of financial year Highlights GST Sun, 06 Aug 2017 18:36:41 +0530 https://www.taxtmi.com/highlights?id=35836