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The rate of GST on Goods Transport agency services under reverse charge mechanism

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..... Sir, What is rate of GST on Goods Transport Agency services under reverse charge mechanism.milarly, also inform whether security services attracts reverse charge as my friend's firm is a partnership firm engaged in outward supply of frozen fish for export on payment of IGST and thereafter claiming refund of taxes paid on input. - Reply By KASTURI SETHI - The Reply = Security Services have .....

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..... been brought under RCM vide Notification No.29/18-CT(R) dated 31.12.18 effective from 1.1.19. GTA under RCM Rate is 5%. See the conditions. - Reply By Ganeshan Kalyani - The Reply = The rate is 5% - Reply By sarojni singh - The Reply = reverse charge means the liability to pay tax by the recipient of supply of goods or services or both instead of the supplier of such goods or services o .....

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..... r both under sub-section (3) or sub-section (4) of section 9 , or under sub-section (3) or subsection (4) of section 5 of the Integrated Goods and Services Tax Act ; In exercise of the power conferred by Sec 9(3) 9(4) of the CGST Act,2017 and Sec 5(3) 5(4) of the IGST Act,2017 the Government may, on the recommendations of the Council, by notification, specify categories of s .....

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..... upply of goods or services or both, the tax on which shall be paid on reverse charge basis by the recipient of such goods or services or both and all the provisions of this Act shall apply to such recipient as if he is the person liable for paying the tax in relation to the supply of such goods or services or both. Reverse charge Tax payable by recipient of goods or services or both - The r .....

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..... ate of GST on Goods Transport agency services under reverse charge mechanism - Query Started By: - samiuddin ansari Dated:- 21-2-2020 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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