NO GST LIABILITY ON DISCOUNT THROUGH COMMERCIAL CREDIT NOTE & DEBIT NOTE

<div style="background: white; border-bottom: solid #8E8E8E 1.5pt; border: none; mso-element: para-border-div; padding: 0in 0in 4.0pt 0in;"> <h1 style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: none; margin-top: 0in; padding: 0in;"><span style="color: #222222; font-family: "Arial","sans-serif"; font-size: 14.0pt; mso-bidi-font-size: 18.0pt;">NO GST LIABILITY ON DISCOUNT THROUGH COMMERCIAL CREDIT NOTE & DEBIT NOTE<o:p></o:p></span></h1> </div> <p class="added-to-list1" style="background: white; margin-top: 0in; text-align: justify;"><span class="text-node"><span style="color: #222222; font-family: "Arial","sans-serif";">GST officials have started to conduct audit under section 65 of CGST Act 2017 of various tax payers and facing the issue related to GST applicability on <b>discount income.</b> We will understand the provisions related to GST applicability on discount income received at the time of supply of goods or services or both and discount received after such supply through commercial debit / credit note.</span></span><span style="color: #222222; font-family: "Arial","sans-serif";"><o:p></o:p></span></p> <p><span style="box-shadow: none !important; box-sizing: border-box; text-align: justify;"><span class="text-node"><span style="color: #222222; font-family: "Arial","sans-serif";">There are some incidences on the basis of that company later on get discount form the manufacturer. The incidences are trade discount of early payments i.e. making payment before the due date, discount on price protection, discount for selling bulk quantity i.e. selling quantity more than targets accepted by company, target incentives, etc. </span></span></span><span data-pf_style_display="inline" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box; text-align: justify;"><b><span style="color: #222222; font-family: "Arial","sans-serif";">Commercial Credit Note</span></b></span><span style="box-shadow: none !important; box-sizing: border-box; text-align: justify;"><span class="text-node"><span style="color: #222222; font-family: "Arial","sans-serif";"> have been issued in favour of the company with respect to the said discount given by such manufacturer and against that company issues </span></span></span><span data-pf_style_display="inline" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box; text-align: justify;"><b><span style="color: #222222; font-family: "Arial","sans-serif";">Commercial Debit Note</span></b></span><span style="box-shadow: none !important; box-sizing: border-box; text-align: justify;"><span class="text-node"><span style="color: #222222; font-family: "Arial","sans-serif";"> in favour of such manufacturer. <b>No GST is being charged on said Commercial debit</b></span></span></span> </p><p></p><div class="separator" style="clear: both; text-align: center;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgpOxCYpWDB6A8tuQUa65H4f_ekpJZemjdXZdAzt-K4oEkwpDSG_V_hA33eB7awuSGpPZBEfErYw6-Oai_tWZSmx6Dj3O-xksrVNGxeSJigKHfhHFXs30KH7_s9xZlzOjYJ5tN_7WZPCaFIiRgXLQh39QYdHXmOfXIyDBpddkS1tIT2Zf94l5plOWIlBF0/s800/Debit-Notes-and-Credit-Notes-Under-GST.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="450" data-original-width="800" height="180" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgpOxCYpWDB6A8tuQUa65H4f_ekpJZemjdXZdAzt-K4oEkwpDSG_V_hA33eB7awuSGpPZBEfErYw6-Oai_tWZSmx6Dj3O-xksrVNGxeSJigKHfhHFXs30KH7_s9xZlzOjYJ5tN_7WZPCaFIiRgXLQh39QYdHXmOfXIyDBpddkS1tIT2Zf94l5plOWIlBF0/s320/Debit-Notes-and-Credit-Notes-Under-GST.jpg" width="320" /></a></div><br /><div class="separator" style="clear: both; text-align: center;"><br /></div>S K and Associates<br /><br /></div><br /><br /><p></p>

NO GST LIABILITY ON DISCOUNT THROUGH COMMERCIAL CREDIT NOTE & DEBIT NOTE

NO GST LIABILITY ON DISCOUNT THROUGH COMMERCIAL CREDIT NOTE & DEBIT NOTE GST officials have started to conduct audit under section...

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Extension of GSTR-1 due date to 12th April 2024

<p> </p><div class="row" style="box-sizing: border-box; color: #212121; font-family: verdana, "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 14px; margin-left: -15px; margin-right: -15px;"><div class="col-xs-12" style="box-sizing: border-box; float: left; min-height: 1px; padding-left: 15px; padding-right: 15px; position: relative; width: 1140px;"><h4 data-ng-bind="news.title" style="box-sizing: border-box; color: inherit; font-family: inherit; font-size: 18px; font-weight: 500; line-height: 1.1; margin-bottom: 10px; margin-top: 10px;">Extension of GSTR-1 due date to 12th April 2024</h4><p data-ng-bind="news.date" style="box-sizing: border-box; margin: 0px 0px 10px;"><br /></p></div></div><div class="row" style="box-sizing: border-box; color: #212121; font-family: verdana, "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 14px; margin-left: -15px; margin-right: -15px;"><div class="col-xs-12" style="box-sizing: border-box; float: left; min-height: 1px; padding-left: 15px; padding-right: 15px; position: relative; width: 1140px;"><p data-ng-bind-html="news.content | to_trusted" style="box-sizing: border-box; margin: 0px 0px 10px;"></p><ul style="box-sizing: border-box; margin-bottom: 10px; margin-top: 0px;"><p style="box-sizing: border-box; margin: 0px 0px 10px;">GSTN has noticed that taxpayers are facing difficulties in filing GSTR-1 intermittently since yesterday due to technical issues leading to slow response on the portal. GSTN has accordingly recommended to CBIC that the due date for filing of GSTR-1 for the monthly taxpayers be extended by a day ie till 12/4/24.</p></ul>Thanking you,<br style="box-sizing: border-box;" />S K and Associates<p></p></div><div class="col-xs-12" style="box-sizing: border-box; float: left; min-height: 1px; padding-left: 15px; padding-right: 15px; position: relative; width: 1140px;"><br /></div><div class="col-xs-12" style="box-sizing: border-box; float: left; min-height: 1px; padding-left: 15px; padding-right: 15px; position: relative; width: 1140px;"><br /></div><div class="col-xs-12" style="box-sizing: border-box; float: left; min-height: 1px; padding-left: 15px; padding-right: 15px; position: relative; width: 1140px;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjKc-gV16LtoM_cspu6z3Uf198emb9CKnTP0GZp3QqVH-4lRjP_Tu6tVKz2_S0iUo5QD2ry2LItaOlQSmGztRjzR3QDkoYgAn6QgO-UFO5f2p1W56Ekb_JShHzGmmdOhjvl5eBsFgZKrtF8UB-E-_CjD8-ZrpL7tPn2QvhIzmELCw72-9evpcOFF5YMP8i4" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="720" data-original-width="1280" height="180" src="https://blogger.googleusercontent.com/img/a/AVvXsEjKc-gV16LtoM_cspu6z3Uf198emb9CKnTP0GZp3QqVH-4lRjP_Tu6tVKz2_S0iUo5QD2ry2LItaOlQSmGztRjzR3QDkoYgAn6QgO-UFO5f2p1W56Ekb_JShHzGmmdOhjvl5eBsFgZKrtF8UB-E-_CjD8-ZrpL7tPn2QvhIzmELCw72-9evpcOFF5YMP8i4" width="320" /></a></div><br /><br /></div></div>

Extension of GSTR-1 due date to 12th April 2024

  Extension of GSTR-1 due date to 12th April 2024 GSTN has noticed that taxpayers are facing difficulties in filing GSTR-1 intermittently si...

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PARTICULAR DATE ME CREDITOR CLOSING BALANCE KO BILL WISE AGEING, ITC REV...

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PARTICULAR DATE ME CREDITOR CLOSING BALANCE KO BILL WISE AGEING, ITC REV...

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Penalty Norms When You Miss the Due Date of GSTR-9 Filing

<p> </p><h3 class="wp-block-heading" style="background-color: #fefefe; box-sizing: border-box; color: #555555; font-family: Lato, sans-serif; font-size: 1.4rem; line-height: normal; margin: 0px 0px 1rem; padding: 0px;">Penalty Norms When You Miss the Due Date of GSTR-9 Filing</h3><ul style="background-color: #fefefe; box-sizing: border-box; color: #555555; font-family: Lato, sans-serif; font-size: 15px; list-style: none; margin: 0px 0px 15px; padding: 0px;"><li style="box-sizing: border-box; font-size: 1rem; line-height: 1.7rem; margin-bottom: 1px; padding-bottom: 1px; padding-left: 25px; position: relative;">As per the penalty provisions of the GSTR-9 annual return form, the taxpayer has to pay Rs. 200 per day as a penalty of which Rs. 100 consists of SGST and Rs. 100 for CGST. Also, it is to be noted that the total penalty cannot exceed 0.25% of the total turnover on which the said penalty is being levied.</li><li style="box-sizing: border-box; font-size: 1rem; line-height: 1.7rem; margin-bottom: 1px; padding-bottom: 1px; padding-left: 25px; position: relative;">From the financial year 2022-23 onwards, Taxpayer has to pay Rs.50 per day as the penalty of which Rs 25 consists of SGST & Rs.25 consists of CGST in case of Turnover up to Rs. 5 crores. In case of Turnover exceeds Rs.5 crore late fee would be Rs.100 consisting of Rs. 50 for SGST & Rs.50 for CGST. </li></ul>

Penalty Norms When You Miss the Due Date of GSTR-9 Filing

  Penalty Norms When You Miss the Due Date of GSTR-9 Filing As per the penalty provisions of the GSTR-9 annual return form, the taxpayer has...

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GSTR 9 AND 9C DUE DATE 31-12-2023

<div class="separator" style="clear: both; text-align: center;"><br /></div><div><br /></div><div><br /></div><b><span style="font-size: large;">S K and Associates                                                        9911045440</span></b><br /><p></p><div class="separator" style="clear: both; text-align: center;"><b><span style="font-size: x-large;">GSTR 9 AND 9C DUE DATE 31-12-2023</span></b><br /><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEhbqwOQnOddozXoXacA_45ouqpIu0skzt6KcxzorLihIrTehbBhwrnKh8tFmD6_AXUo6dYUtfjP955cDTIUHTpCrOKwh0F2p3jh6S1TTC9GlcE6z_WUnYAuBW5LVIxe8cykx0ToItZd8Vx8-iUbIO0ZNBMRWtf1DIrq4j4grMReTan2klrW1I0DPWXDuAFZ" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="1502" data-original-width="975" height="764" src="https://blogger.googleusercontent.com/img/a/AVvXsEhbqwOQnOddozXoXacA_45ouqpIu0skzt6KcxzorLihIrTehbBhwrnKh8tFmD6_AXUo6dYUtfjP955cDTIUHTpCrOKwh0F2p3jh6S1TTC9GlcE6z_WUnYAuBW5LVIxe8cykx0ToItZd8Vx8-iUbIO0ZNBMRWtf1DIrq4j4grMReTan2klrW1I0DPWXDuAFZ=w586-h764" width="586" /></a></div></div> <br /><p></p><div><br /></div><div><br /></div><div><br /></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEinifsV4QW8B0OtUQtT1Xee1I-_RhRnSIQI-2ln_5VvEFXraruibgskqo0tQX9EoQ4FPpwKeg1_gHSA-d0YjzkR1uxfyYivh1PTr7aygsVMX_XDvTegJNuBRfMFCS9PssacMhdjCX4WAbQaXpupvWPLfuCszWZf5e-BGW6PR-dCyXNHlLhUZUha9mqhzjcz" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="677" data-original-width="681" height="637" src="https://blogger.googleusercontent.com/img/a/AVvXsEinifsV4QW8B0OtUQtT1Xee1I-_RhRnSIQI-2ln_5VvEFXraruibgskqo0tQX9EoQ4FPpwKeg1_gHSA-d0YjzkR1uxfyYivh1PTr7aygsVMX_XDvTegJNuBRfMFCS9PssacMhdjCX4WAbQaXpupvWPLfuCszWZf5e-BGW6PR-dCyXNHlLhUZUha9mqhzjcz=w640-h637" width="640" /></a></div><br /><br /></div><div><br /><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; border-spacing: 0px; line-height: 0px; margin: 0px; padding: 0px !important;"><tbody><tr><td style="margin: 0px; padding-right: 30px;" width="122"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; border-spacing: 0px; line-height: 0px; margin: 0px; padding: 0px !important;"><tbody><tr><td style="border-collapse: collapse; line-height: 0px; margin: 0px; padding-bottom: 40px; padding-right: 1px;"><p style="margin: 0.04px;"><img alt="image" border="0" height="122" src="https://img2.gimm.io/c0197ce5-90fe-4e0a-89ca-f4bf25a609bd/-/resize/244x244/img.png" width="122" /></p></td></tr></tbody></table></td><td style="margin: 0px; padding: 0px !important;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; border-spacing: 0px; line-height: 0px; margin: 0px; padding: 0px !important;"><tbody><tr><td style="border-collapse: collapse; font-family: Tahoma, Geneva, sans-serif; font-size: 22px; font-weight: 700; line-height: 24px; margin: 0px; padding-bottom: 4px;"><p style="margin: 0.04px;"><span style="color: #454545; line-height: 24px;">ADV. SHAHDAB KHAN</span></p></td></tr><tr><td style="border-collapse: collapse; font-family: Tahoma, Geneva, sans-serif; font-size: 15px; line-height: 17px; margin: 0px; padding-bottom: 8px;"><p style="margin: 0.04px;"><span style="color: #f25e30; line-height: 17px;">S K and Associates</span></p></td></tr></tbody></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; border-spacing: 0px; line-height: 0px; margin: 0px; padding: 0px !important;"><tbody><tr><td style="border-collapse: collapse; line-height: 0px; margin: 0px; padding-bottom: 10px; padding-right: 1px;"><p style="margin: 0.04px;"><img alt="image" border="0" height="4" src="https://img2.gimm.io/39d9a226-d265-4040-bc94-b032d99dd719/img.png" width="95" /></p></td></tr></tbody></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; border-spacing: 0px; line-height: 0px; margin: 0px; padding: 0px !important;"><tbody><tr><td style="margin: 0px; padding-right: 6px;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; border-spacing: 0px; line-height: 0px; margin: 0px; padding: 0px !important;"><tbody><tr><td style="border-collapse: collapse; line-height: 0px; margin: 0px; padding-bottom: 6px; padding-right: 1px;"><p style="margin: 0.04px;"><img alt="image" border="0" height="17" src="https://img2.gimm.io/7c4a23f0-de40-410c-b7df-89477add52e0/img.png" width="17" /></p></td></tr></tbody></table></td><td style="margin: 0px; padding: 0px !important;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; border-spacing: 0px; line-height: 0px; margin: 0px; padding: 0px !important;"><tbody><tr><td style="border-collapse: collapse; font-family: Tahoma, Geneva, sans-serif; font-size: 14px; line-height: 16px; margin: 0px; padding-bottom: 6px;"><p style="margin: 0.04px;"><span style="color: #454545; line-height: 16px;">9911045440</span></p></td></tr></tbody></table></td></tr></tbody></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; border-spacing: 0px; 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display: inline; line-height: 16px;" target="_blank">www.helpmetax.blogspot.com</a></p></td></tr></tbody></table></td></tr></tbody></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; border-spacing: 0px; line-height: 0px; margin: 0px; padding: 0px !important;"><tbody><tr><td style="margin: 0px; padding-right: 6px;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; border-spacing: 0px; line-height: 0px; margin: 0px; padding: 0px !important;"><tbody><tr><td style="border-collapse: collapse; line-height: 0px; margin: 0px; padding-bottom: 6px; padding-right: 1px;"><p style="margin: 0.04px;"><img alt="image" border="0" height="11" src="https://img2.gimm.io/b8a7d130-08b2-4cb7-ab4a-0fa44c6533ab/-/resize/22x22/img.png" width="11" /></p></td></tr></tbody></table></td><td style="margin: 0px; padding: 0px !important;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; border-spacing: 0px; line-height: 0px; 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padding: 0px !important;"></td></tr></tbody></table><br /><br /><br /></td></tr></tbody></table><p style="margin: 0.04px;"><br /></p></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div><div><br /></div>

GSTR 9 AND 9C DUE DATE 31-12-2023

S K and Associates                                                        9911045440 GSTR 9 AND 9C DUE DATE 31-12-2023   ADV. SHAHDAB KHAN S...

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TIME LIMIT FOR AVAILING ITC PERTAINING TO THE FY 2022-23

<p></p><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTpRKly2QFLqMyFV2WFVi8XZoe7nfhmK1nz0nhXg5XF-kDqW7fOFDmODGjRx3Z7P5_la0CDaXCZntM2BTalB6rH5bzxPKUvNZYUMDmYR54Wq7Q2T7TV6Mm1L89Lo247MfrH_mlOBZO2BEDlLMpM_UgXt4aP2liAO5ZaoywEtbJD1LxRqxEdnLumPv1Mo_N/s600/Maximum-time-limit-to-avail-Input-Tax-Credit-ITC-for-financial-year-2021-22-i.e.-30th-November-2022.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="300" data-original-width="600" height="160" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTpRKly2QFLqMyFV2WFVi8XZoe7nfhmK1nz0nhXg5XF-kDqW7fOFDmODGjRx3Z7P5_la0CDaXCZntM2BTalB6rH5bzxPKUvNZYUMDmYR54Wq7Q2T7TV6Mm1L89Lo247MfrH_mlOBZO2BEDlLMpM_UgXt4aP2liAO5ZaoywEtbJD1LxRqxEdnLumPv1Mo_N/s320/Maximum-time-limit-to-avail-Input-Tax-Credit-ITC-for-financial-year-2021-22-i.e.-30th-November-2022.jpg" width="320" /></a></div> <span style="background-color: #f2f2f2; color: #333333; font-family: Arial, Helvetica, sans-serif;"><span style="font-size: large;">Time limit for availing ITC pertaining to the FY 2022-23 coming to an end: Avail the ITC pertaining to FY 2022-23 till 30th November 2023 or the date of filing of Annual return for FY 2022-23 whichever is <br />earlier</span></span><p></p><br />

TIME LIMIT FOR AVAILING ITC PERTAINING TO THE FY 2022-23

  Time limit for availing ITC pertaining to the FY 2022-23 coming to an end: Avail the ITC pertaining to FY 2022-23 till 30th November 2023 ...

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Person liable to pay GST on GTA Services

<p></p><div class="pf-hide-for-print" style="-webkit-text-stroke-width: 0px; background: transparent; bottom: 0px; box-sizing: border-box; color: #212529; display: grid; font-family: -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, "Noto Sans", "Liberation Sans", sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; height: 55px; left: 0px; letter-spacing: normal; orphans: 2; place-content: center; position: fixed; right: 0px; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><div class="footer-ad" data-fuse-code="fuse-slot-22830579477-1" data-fuse-processed-at="2130" data-fuse-slot="fuse-slot-22830579477-1" data-fuse-zone-instance="zone-instance-22830579477-1" data-fuse="22830579477" style="background: transparent; bottom: 0px; box-sizing: border-box; display: grid; height: 90px; left: 0px; place-content: center; position: fixed; right: 0px; transition: transform 0.3s linear 0s, height 0.3s linear 0s;"><div class="fuse-slot" data-google-query-id="CK7k3beWoIEDFZDscwEd3QoH-w" id="fuse-slot-22830579477-1" style="box-sizing: border-box; max-height: inherit; max-width: inherit;"></div></div></div><p></p><div class="pf-app-container d-flex flex-column" style="-webkit-text-stroke-width: 0px; box-sizing: border-box; color: #212529; display: flex !important; flex-direction: column !important; font-family: -apple-system, BlinkMacSystemFont, "Segoe UI", Roboto, "Helvetica Neue", Arial, "Noto Sans", "Liberation Sans", sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-size: 16px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; min-height: 100vh; orphans: 2; padding-bottom: 95px; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><div class="container d-flex flex-column pf-app-wrapper justify-content-start" style="box-sizing: border-box; display: flex !important; flex-direction: column !important; flex: 1 0 auto; justify-content: flex-start !important; margin-left: auto; margin-right: auto; max-width: 1240px; padding: 0px; position: relative; width: 1240px;"><div class="d-flex flex-row pf-app-row flex-auto" style="box-sizing: border-box; display: flex !important; flex-direction: row !important; flex: 1 0 auto;"><div class="pf-app-inner d-flex flex-column pf-app-shadow" style="border-radius: 0.25rem 0.25rem 0px 0px; box-shadow: rgba(0, 0, 0, 0.4) 0px 0px 16px; box-sizing: border-box; display: flex !important; flex-direction: column !important; flex: 1 1 auto; margin-left: 0.85rem; margin-right: 0.85rem; min-width: 596px; position: relative; width: 876.812px;"><div class="browser pf-content-wrapper px-2 px-sm-4 px-md-5 pt-2 pt-sm-3" id="pf-body" style="background: white; border-color: rgb(222, 222, 222) rgb(177, 177, 177) rgb(177, 177, 177); border-image: initial; border-style: solid; border-width: 1px; box-sizing: border-box; color: #222222; flex: 1 0 auto; font: 16px / 1.4 Arial, Helvetica, sans-serif; overflow: hidden; padding-left: 3rem !important; padding-right: 3rem !important; padding-top: 1rem !important; position: relative;"><div class="print-only" id="printfriendly" style="box-shadow: none !important; box-sizing: border-box;"><div style="box-shadow: none !important; box-sizing: border-box;"><div class="clearfix js-print-area content-unmask direction-ltr" id="pf-print-area" style="box-shadow: none !important; box-sizing: border-box;"><div class="js-pf-content pf-12" id="pf-content" style="box-shadow: none !important; box-sizing: border-box; clear: both; font-size: 16px;"><div class="" data-pf_style_display="block" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box;"><div class="fsize16 pf-candidate" data-pf_style_display="block" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box;"><h2 class="" data-pf_style_display="block" data-pf_style_visibility="visible" orig-style="null" style="border-bottom: 1px solid rgb(142, 142, 142); box-shadow: none !important; box-sizing: border-box; clear: both; font-size: 20px; font-weight: bold; line-height: 1.2; margin-bottom: 0.5rem; margin-top: 1.125em; padding-bottom: 0.3em;"><span data-pf_style_display="inline" data-pf_style_visibility="visible" id="Person_liable_to_pay_GST_on_GTA_Services" orig-style="null" style="box-shadow: none !important; box-sizing: border-box;"><strong data-pf_style_display="inline" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box; font-weight: bolder;"><span class="text-node" style="box-shadow: none !important; box-sizing: border-box;">Person liable to pay GST on GTA Services</span></strong></span></h2><p class="added-to-list1" data-pf_style_display="block" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box; margin-bottom: 1rem; margin-top: 0px;"><span class="text-node" style="box-shadow: none !important; box-sizing: border-box;">The liability to pay GST devolves on the recipients ( under RCM @ 5%) for supply of services by a goods transport agency (GTA)who has not paid integrated tax at the rate of 12%, in respect of transportation of goods by road, if the recipient belong to the following category:</span></p><ul class="added-to-list1" data-pf_style_display="block" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box; margin-bottom: 1rem; margin-top: 0px;"><li data-pf_style_display="list-item" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box;"><span class="text-node" style="box-shadow: none !important; box-sizing: border-box;">Factory registered under the Factories Act 1948,</span></li><li data-pf_style_display="list-item" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box;"><span class="text-node" style="box-shadow: none !important; box-sizing: border-box;">A Society Registered under the Societies Registration Act, 1860</span></li><li class="" data-pf_style_display="list-item" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box;"><span class="text-node" style="box-shadow: none !important; box-sizing: border-box;">A Co-operative society established under any law.</span></li><li data-pf_style_display="list-item" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box;"><span class="text-node" style="box-shadow: none !important; box-sizing: border-box;">A Person registered under CGST, IGST or SGST.</span></li><li data-pf_style_display="list-item" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box;"><span class="text-node" style="box-shadow: none !important; box-sizing: border-box;">Any body corporate established by or under any law;</span></li><li class="" data-pf_style_display="list-item" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box;"><span class="text-node" style="box-shadow: none !important; box-sizing: border-box;">Any partnership firm</span></li><li class="" data-pf_style_display="list-item" data-pf_style_visibility="visible" orig-style="null" style="box-shadow: none !important; box-sizing: border-box;"><span class="text-node" style="box-shadow: none !important; box-sizing: border-box;">Any casual taxable person.</span></li></ul><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEg46mozbNl9l5HSvA8tNN-5jDQAPjxml3KCzp97-PisOv1BUne6p_gaThl6C88j23ipOaa4tpKujs4mH09nsHPp4I-87zZX0AUcRkpcfAdXW8IGgcR9p1fMn4_wgFQl-wjlGRdUPr7Z-6gZnl6UKtfuDjGa4LVl1Ze_pjQYA3TDLu_g1-mBtInieRQclZEb" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="597" data-original-width="1023" height="187" src="https://blogger.googleusercontent.com/img/a/AVvXsEg46mozbNl9l5HSvA8tNN-5jDQAPjxml3KCzp97-PisOv1BUne6p_gaThl6C88j23ipOaa4tpKujs4mH09nsHPp4I-87zZX0AUcRkpcfAdXW8IGgcR9p1fMn4_wgFQl-wjlGRdUPr7Z-6gZnl6UKtfuDjGa4LVl1Ze_pjQYA3TDLu_g1-mBtInieRQclZEb" width="320" /></a></div><br /><br /></div></div></div></div></div></div></div></div></div></div></div><footer class="container pf-ft text-sm pf-hide-for-print" style="box-sizing: border-box; display: block; flex: 0 0 auto; font-size: 0.85rem; margin-left: auto; margin-right: auto; max-width: 1240px; min-height: 2vh; overflow: hidden; padding: 0px; white-space: nowrap; width: 1240px;"><row class="d-flex flex-row align-items-center justify-content-center" style="align-items: center !important; box-sizing: border-box; display: flex !important; flex-direction: row !important; justify-content: center !important;"><a class="mx-1 mx-sm-3 pf-link" href="https://support.printfriendly.com/" style="background-color: transparent; box-sizing: border-box; color: #007bff; margin-left: 1rem !important; margin-right: 1rem !important; text-decoration: none;" title="Support for PrintFriendly & PDF">Support</a><a class="mx-1 mx-sm-3 pf-link" href="https://www.printfriendly.com/about" style="background-color: transparent; box-sizing: border-box; color: #007bff; margin-left: 1rem !important; margin-right: 1rem !important; text-decoration: none;" title="About PrintFriendly & PDF">About</a><a class="mx-1 mx-sm-3 pf-link" href="https://www.printfriendly.com/terms" style="background-color: transparent; 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Person liable to pay GST on GTA Services

Person liable to pay GST on GTA Services The liability to pay GST devolves on the recipients ( under RCM @ 5%) for supply of services by a g...

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