https://www.taxtmi.com/article/detailed?id=12386 GTA services cover road transport where a consignment note (or equivalent document) is issued and include ancillary activities integral to transport. Specified exemptions apply for certain goods and recipients, while low-value consignments lose exemption. Taxation may be under RCM or FCM depending on a yearly option by the GTA; ITC is generally ineligible for GTA supplies and must be apportioned and reversed where applicable. Valuation issues arise where recipient-supplied inputs (e.g., fuel) may be includable in the supply value. Compliance includes time/place of supply rules, documentation duties, e invoice exemptions with a prescribed declaration, and classification under SAC 9965. en-us Sat, 02 Mar 2024 10:20:48 +0530 Sat, 02 Mar 2024 10:20:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12386 GTA services cover road transport where a consignment note (or equivalent document) is issued and include ancillary activities integral to transport. Specified exemptions apply for certain goods and recipients, while low-value consignments lose exemption. Taxation may be under RCM or FCM depending on a yearly option by the GTA; ITC is generally ineligible for GTA supplies and must be apportioned and reversed where applicable. Valuation issues arise where recipient-supplied inputs (e.g., fuel) may be includable in the supply value. Compliance includes time/place of supply rules, documentation duties, e invoice exemptions with a prescribed declaration, and classification under SAC 9965. Articles Goods and Services Tax - GST Sat, 02 Mar 2024 10:20:48 +0530 https://www.taxtmi.com/article/detailed?id=12386