AAR: GTA not barred from renting/hiring vehicle to another GTA subject to appropriate tax treatments
Karnataka AAR rules that a registered person can be a Goods Transport Agency (GTA) and a supplier of goods vehicles to another GTA on hire basis at the same time subject to appropriate tax treatments as notified; Finds “no provision in the law barring person being a GTA from renting the vehicle to another GTA”; Perusing the definition of GTA under clause 2(ze) of Notification No. 12/2017 and entry 9 of Notification No. 11/2017 dated June 28, 2017, states that the applican...