Deepak Gupta | Jun 30, 2022 | Views 15641

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 47^th GST Council will be made effective from 18^th 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.

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Tags: 47th GST Council Meeting, Goods Transport Agency, GST, GST Council, GST Council Meeting, GST Council Meeting Updates, StudycafeJobs

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Name: Deepak Gupta

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CA Deepak Gupta,is Co-founder of Studycafe. He is Microsoft Office Specialist and Trainer of Microsoft Excel, PowerPoint and Tally. CA Deepak Gupta, is Having more than 10 plus years of industry experience, and he has Worked with best brands Like, Hero, Wipro, Ericsson before Starting Studycafe. He has Trained more than 5000 Persons in Excel, Tally and Powerpoint.

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