Gta For Petrol & Diesel Dealer?


Prakash kochar
watch_later 3 years, 5 months ago

A firm regd. under gst received diesel from company. delivered by GTA. GTA charged GST 5% .

Is Assessee liable for RCM and has to pay 5% GST?

Whether taxes paid will be eligible for refund, when there is very negligible sale of oil to be setr off?

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1 Answer

GST Payer watch_later 3 years, 5 months ago
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Yes, you have to pay GST under RCM on service procured from GTA.

You can pay tax at 5% without input credit and at 12% to get input credit of it.

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