WHAT IS THE GST RATE FOR PACKERS AND MOVERS?
Packers and movers is a service industry but people do a little more in it in the name of GST if someone has to shift and that charges big how many packers and movers and ask that we have 28% GST or unity weight It happens or something like this but let us talk in this block that how much GST is levied on packers and movers industry that service tax has to be paid so that Whatever is the charge related to GST in your setting will solve the problem and you will not have to see anything else.
When I talk about the Packers and Movers Industry then the Packers and Movers in Industry come under Service in GST and it comes under Category of Right for Waiting so we also know as GTA.
Rate OF GST
The 5% GST rate applies if the customer uses the transportation services only.
The 18% GST rate applies if the customer provides all packer and mover transfer services, such as packing, stripping, loading, unloading, unpacking, shipping and delivery.
Insurance
Moving insurance will be at the rate of 18% GST.
Request GST rate for GTA
There are two types of GST rates for services provided by Packers and Moving companies(GTAs).
5% (2.5% CGST and 2.5% SGST) – GTA Supplier without Input Tax Credit (ITC)
12% (6% CGST and 6% SGST) – if GTA seller receives extension tax (ITC)
Under the GST program, a GTA recipient pays a GST rate of 5%. However, if the GTA supplier pays 12% GST on the invoice, they must pay taxes to the government.
You have some information about GST in the packer and movers industry, if you want to know anything about movers and if you want to shift your goods, then you can join Noida Packers and Movers for shifting in Delhi NCR and Dairy NCRT all over India.
