Latest Query & Reply

My Client is local transporter in Gujarat state only of goods by road
1. HSN code 
2. Rate of GST
3. who get input tax credit in GST consigner or consignee

Reply

1) SAC code 996511 is applicable on transportation of goods by Road.

2) Services by way of transportation of goods by road is exempt under GST except in case of GTA (goods transport agency) and courier agency. Rate of tax is 5% under reverse charge.

3) Tax paid under reverse charge (for transportation of goods service on road provided by GTA) by the recipient of service will be eligible for credit .