Im in transport bussiness... we have 3 trucks and we transport goods from gujrat to mumbai by truck and we get paid rent for the service.
Our transaction is less than 20 lakh per annum.. do we have to pay gst for this transaction.
If you are a GTA and your clients pay tax under RCM then it is not necessary for your to take GST registration.
However in either case your turnover is below 20 lakhs so no registration is required.
Sign up to discuss taxation, accounting and finance topics with experts from all over India.
Join Discussion