watch_later 25/05/17

What is the tax rate for Goods Transport Agency (GTA)? Whether input credit can be availed by GTA?

2 Responses | Latest response: 25/05/17 | Sort by Likes(thumb_up) Recent | GST Reply
Anon
watch_later 30/05/17

Yes Tax rate on GTA is fixed at 5% without Input Tax credit.

There is no clarity on whether Tax will be on RCM basis or not.

watch_later 25/05/17

Tax rate of GTA is 5% and input credit is not available.

Services provided by Goods Transport Agency or GTA are divided into 2 categories and both are taxed at 5%.

  • Services of goods transport agency (GTA) in relation to transportation of goods [other than used household goods for personal use] - Taxed at 5% without ITC (Input Tax credit)
  • Services of goods transport agency in relation to transportation of used household goods for personal use. - Taxed at 5% without ITC (Input Tax credit)

Further it should be noted that service received from a GTA falls under Reverse Charging and tax is to be paid by service recipient.

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