GTA SELF INVOICE



Krishna Sharma
watch_later 9 months ago

Dear All,

i have received one invoice of Rs 10,000  by GTA who is registered under GST . he has not charged gst since i am registered company / payer  so i will pay GTA @ 5% & will take credit.

Now I will have to issue self invoice to GTA & after doing payment i will have to issue payment voucher to GTA. 

please correct me if i am wrong


Comments:
If the GTA is by Road, then the person liable to pay freight will have to pay GST@5% under Reverse Charge Mechanism (RCM). Also he will not get any ITC - Basheer PM

1 Answer

Akhil Bhargava watch_later 7 months ago
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IF U RECEIVED TRANSPORTATION INVOICE THEN DONT MAKE SELF INVOICE . IF U RECEIVE BILTY THEN MAKE SELF INVOICE AND PAY RCM 5 %


Comments:

GTA WILL NOT PAY GST U HV TO PAY UNDER REVERS CHARGES AND TAKE ITC - Akhil Bhargava


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