Latest Updates on GTA services | Rajput Jain & Associates

Guidance on Taxability of GST on GTA Services

Guidance on Taxability of GST on Goods Transport Agency (GTA) Services GST on GTA Services Clear & Practical Overview for 2026‑27. Goods Transport Agency (GTA) taxation continues to be one of the most misunderstood areas under GST. Here’s a crisp, no‑confusion snapshot covering RCM, FCM, and key exemptions. Goods Transport Agency (GTA): A Goods Transport …

GST Return

GST Taxability of Transportation Services

Taxability of transportation services under GST Rate Condition Nature of service 5% No ITC on goods and services Transportation of goods by the road where consignment note is issued (i.e. GTA services) (RCM) 5% No ITC on goods. ITC can be availed only on vessels, ships, etc. Transportation of goods by vessel 5% ITC on …

Corporate and Professional Updates

CORPORATE TAX UPDATE FOR THE MONTH OF OCTOBER SECOND WEEK

Corporate tax Update for the Month Of October Second week Company Law: Query: In case the appointment of an auditor is not ratified by the shareholders at annual general meeting as required under proviso to Section 139(1), what recourse does the company have? Answer: Explanation to Rule 3(7) of the Companies (Audit and Auditors) Rules, 2014 provides …