How GST Rate Changes Impact Goods Transport Agencies (GTA) – ATMS Advisors Insights
1. What is GTA under GST? GTA means Goods Transport Agency. As per the GST Act, a GTA is any person or company that issues a consignment note for carrying goods by road. In simple words: if you are a transporter and you give a bilty/consignment note, then you are treated as GTA under GST. […]
Import of Services Hack to Save 18% GST
The Hidden GST Trap That’s Costing Your Business Money! Are you making payments to LinkedIn, ChatGPT, or other foreign service providers? You could be losing 18% GST unnecessarily! This newsletter reveals the simple trick to save thousands on your GST payments. What is Import of Services Under GST? Import of services occurs when: Service provider […]