Analysis and Implication of Changes made in GTA Services

In the abundance of changes took place to comply with the recommendations of the recently held 47th GST Council Meeting, one of the important decision is to remove the ambiguity regarding the option with the Goods Transport Agency Service Provider to opt the rate of tax applicable on its services. Earlier, as per Notification No. 11/2017-CT(R) dated 28.06.2017, the rate of tax on GTA Services was as provided below: Read more...