How GST Rates Have Been Levied on Packers and Movers in Greater Noida?

Posted by LogisticMart on February 3rd, 2020

Yes, it is completely true that moving from one place to another whether it is a local shifting or domestic shifting will cost you obviously expensive. While shifting to another state from Greater Noida, one of the key factors that raise the cost of the relocation process is GST (Goods and Services Tax). So, before hiring the best packers and movers in Greater Noida, you need to know more about the imposition of the GST rates at various points.

GST Rates for Shifting Household From Greater Noida To Another State

On the transportation services, there are various GST rate slabs that have been set by the government of India. Following are the tax slabs set by the tax experts and authentic sources:

• Transportation GST = 5%
• Insurance transit GST = 18%
• GST for Packers and Movers = 18%

 Accurate Goods and Services Tax for the Moving Industry

Generally, GST rates of movers and packers in Noida come under the slab of 18% GST. In this just 18% of GST, you are getting the perks of eliminating a million tensions just in one go from one place to another. Then, why many people in the current scenario are complaining about the various online forums to claim that the real GST rate for moving companies is 5% only?

So, if we see this thing from another perspective then they are also not wrong. As we have discussed above that there is a provision of a 5% GST rate in the industry of transportation. This 5% GST rate will be levied when you will solely use the transportation of the hired packers and movers in Greater Noida. So, in case any shifting company tries to hamper you with saying that you have to give 18% GST then you must be fully aware of this rate prevailing in the market. Along with this, you have to be aware of the fact as well that if a customer is using only transport on rent of a logistic company then he/she is entitled to give only 5% GST.

Is the Transportation of Goods Come Under the Exemption of GST?

The transportation of goods from one place to another will be exempted when the customer is going to shift his goods without any help of the professional packers and movers or a courier agency. In case, a customer is willing to shift his goods with the help of inland waterways, then it is also exempted under GST regulations. But, you have to note that GST is applicable only when you will be going to associated with a professional industry for the purpose of relocating your goods.

Conclusion

Overall, you need to remember that giving check on the GST registration of the moving company in case you are paying extra in the name of GST charges is a must for transferring your goods from one place to another. Make sure that you select only one company for availing of the Home shifting service in Noida who is having the valid GST number with it to reveal in case of any discrepancy. This will also help you to avoid the scam that can hamper your fundamental rights in future transits.

In case, if you find any difficulty to hire such services then you do not need to worry about the process. You can just go to the official website of any online search portal such as LogisticMart and apply for the free-quotations along with the different verified and GST number holder packers and movers.