Home Forum Goods and Services Tax - GST Month 11 2021 2021 (11) This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Goods Transport operator - Goods and Services Tax - GSTExtract Wishing happy New year ! A company registered under companies Act. They have their own trucks. They are doing transport services . They have not taken the GST number. They are providing all trucks for services to one manufacturer ,taking consignment from one place to another. For transit this company is preparing consignment note, and at month end raising one Bill in the name of Manufacturer. The Manufacturer is paying on reverse charge GST. Is this mechanism is correct? Further while return of vehicle , they take some agents consignment and deliver goods as per direction of Agent. The freight received is credited in accounts as lorry freight , on this it was advised that GST is not applicable and it is exempt. Would like to know whether this is correct. Pl give your valuable advice/ opinion, if any more questions on this required I will provide the details. Thanks.
|