<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>SUNIL SINGLA</title>
    <link>https://www.taxtmi.com/forum/issue?id=114383</link>
    <description>GTA services under Forward Charge Mechanism require the GTA to collect and remit GST on freight from all recipients, including other GTAs, with no general GTA-to-GTA exemption; hiring a truck from another GTA is an exempt transaction. Under RCM initial liability is with consignor/consignee and then GTA, while under FCM the GTA is primarily liable. A GTA must elect either FCM or RCM consistently. The GST Council allowed GTAs to opt at the start of the financial year for forward charge with full input tax credit or an alternative lower-rate option without input tax credit.</description>
    <language>en-us</language>
    <pubDate>Wed, 05 Dec 2018 17:19:40 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:55:15 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=545709" rel="self" type="application/rss+xml"/>
    <item>
      <title>SUNIL SINGLA</title>
      <link>https://www.taxtmi.com/forum/issue?id=114383</link>
      <description>GTA services under Forward Charge Mechanism require the GTA to collect and remit GST on freight from all recipients, including other GTAs, with no general GTA-to-GTA exemption; hiring a truck from another GTA is an exempt transaction. Under RCM initial liability is with consignor/consignee and then GTA, while under FCM the GTA is primarily liable. A GTA must elect either FCM or RCM consistently. The GST Council allowed GTAs to opt at the start of the financial year for forward charge with full input tax credit or an alternative lower-rate option without input tax credit.</description>
      <category>Discussion-Forum</category>
      <law>GST</law>
      <pubDate>Wed, 05 Dec 2018 17:19:40 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=114383</guid>
    </item>
  </channel>
</rss>