Know the relief provided to Goods transport agency in GST Council Meeting

Know the relief provided to Goods transport agency in GST Council Meeting

Deepak Gupta | Jun 30, 2022 |

Know the relief provided to Goods transport agency in GST Council Meeting

Know the relief provided to Goods transport agency in GST Council Meeting

Goods transport agency (GTA) is being given option to pay GST at 5% or 12% under forward charge; option to be exercised at the beginning of Financial Year. RCM option to continue.

The rate changes recommended by the 47th GST Council will be made effective from 18th July, 2022.

The 47th GST Council met under the Chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in Chandigarh on 30th June 2022. The meeting was also attended by Union Minister of State for Finance Shri Pankaj Choudhary besides Finance Ministers of States & UTs and senior officers of the Ministry of Finance & States/ UTs.

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"




Author Bio
My Recent Articles
ROC Imposes Penalty for 2-Day MGT-15 Filing Delay; Company Blames MCA Portal Glitches ICAI revises Eligibility Criteria for Empanelment to Impart Industrial Training HC Extends GST Amnesty to Early GSTR-9 Filers; Sets Aside General Penalty Where Late Fee Is Paid GSTR-9, 9C Mandatory vs Optional Tables For FY 2024-25 CA cannot be Held for money laundering for merely issuing Income Tax Form 15CB: Supreme CourtView All Posts