WebApr 10, 2024 · GST implications on Part 1 - ABC Ltd provides transportation service to Mr X. I. Exemption Notifcaiton. ... In case of services of transportation of goods, the place … WebJun 3, 2024 · Background of levying tax on the services of Goods Transport Agency The levy of Service Tax on Road Transportation Service has always been a debatable issue. The Finance Act, 1997 and 2004 had levied Service Tax on Goods Transport Operators (Transport of Goods by road) w.e.f. 16-11-1997 and 10-09-2004 respectively, which …
GST: GST has led to inequity in tax treatment of Indian shipping cos …
Web1 day ago · Allahabad High Court held that provisions of section 15 of the GST Act doesn’t prescribe valuation of goods on the basis of eye estimation. Accordingly, impugned order based on such valuation is not sustainable. Facts- The petitioner is a Company duly registered under the GST Act. It is stated that the material purchased by the petitioner … WebMay 10, 2024 · A tax invoice must be issued in a case where a registered taxpayer intends to transport goods from one place of supply to another as per the provisions of Section 31 of the CGST Act. Particulars regarding the invoice value, description of the goods supplied, their quantities, rates and amount and the GST applicable on them will form part of the ... domotrans 2018 sl
Clarifying Confusion about IGST or CGST+SGST on Transportation of Goods
WebAug 23, 2024 · Know more about GST on Transportation. Goods Transport Agency (GTA) means any person who provides service in relation to transport of goods by road … Services by way of transportation of goods are exempted: 1. by road except the services of: 1.1. a goods transportation agency; 1.2. a courier agency 2. by inland waterways. Therefore, the service of transportation of goods by road continues to be exempt even under the GST regime. GST is applicable only on … See more The most popular form of goods transport in India is via road. As per the National Highways Authority of India, about 65% of freight and 80% passenger traffic is carried by the roads. Transportation of goods by road is … See more As per Notification No. 11/2024-Central Tax (Rate) dated 28th June, 2024, “goods transport agency” or GTA means any person who provides service in relation to transport of goods by … See more The service includes not only the actual transportation of goods, but other intermediate/ancillary service provided such as- 1. Loading/unloading 2. Packing/ unpacking 3. Trans … See more A consignment note is a document issued by a goods transportation agency against the receipt of goods for the purpose of transporting the goods by road in a goods carriage. If a … See more WebApr 8, 2024 · AAAR held the manpower supply by the appellant for housekeeping, cleaning, security, data entry operators etc. to various Government mentioned in their application, is not eligible for exemption against Entn No. 3 to Notification No. 12/2024-CT (Rate) dated 28.06.2024 as amended. Read AAR Order: GST on man power services provided to … do mot\u0027s have vat