GST ON SERVICE PROVIDED BY TRUCK OWNER TO GTA
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....ST ON SERVICE PROVIDED BY TRUCK OWNER TO GTA<br> Query (Issue) Started By: - NAMAN DOKANIA Dated:- 17-7-2021 Last Reply Date:- 17-7-2021 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>A Truck Owner-cum-transporter registered in GST provides his truck on hire to GTA (who issues consignment note)(unregistered) who inturns provide service to Manufacturing company. Will the truck owner need t....
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....o charge GST?? Reply By Shilpi Jain: The Reply: The services of the truck owner are exempt Reply By KASTURI SETHI: The Reply: Dear Querist, Pl. go through the following FAQs. released by Board on 5.1.18:- Q1. I am a single truck owner-operator and I ply my truck mostly between States, carrying the goods booked for my truck by an agent; aggregate value of service which I provided exceede....
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....d twenty lakh rupees during last year. Am I supposed to take registration? Ans. You are not liable to registration, as services provided by way of transportation of goods by road are exempt. Please refer to Notification No. 12/2017-Central Tax (Rate), dated 28th June, 2017. Q2. I own a single truck and I rent it to a major player, who provides GTA service; should I take a registration?....
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.... Does my monthly rental/lease income attract GST? Ans. Registration is not required since services by way of giving on hire, a means of transportation of goods to a GTA are exempt from tax vide entry No. 22 of Notification No. 12/2017-Central Tax (Rate), dated 28th June, 2017. Thus there is no doubt about exemption in this scenario.<br> Discussion Forum - Knowledge Sharing ....
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