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Rcm on freight bill

pradip (business) (48 Points)

01 June 2018

WE WANT TO KNOW THAT WE HAVE BOOKED SOME MATERIALS ON TRANSPORT (SAY FREIGHT AMOUNT 4000/-) TO A PARTY AND CHRGED THIS FREIGHT AMOUNT IN OUR SALE BILL WHETHER WE HAVE TO PAY GST OR NOT?

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7 Replies

Bibek jaiswal (Accountant) (528 Points)
Replied 01 June 2018

yes you have to pay GST on freight amount under RCM

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 01 June 2018

Yes, you will charge same GST rate on freight as on principal goods (As treated as composit supply)

pradip (business) (48 Points)
Replied 01 June 2018

I AGREED. BUT WANT TO KNOW THE RCM TO BE PAID ON FREIGHT OR NOT .

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 01 June 2018

Yes ,.. RCM is to be done on freight you paid to GTA

pradip (business) (48 Points)
Replied 01 June 2018

Thank you Sir. Want to Know that my GST consultant is an advocate. I pay for hime monthly consultancy charges 1000/- only. we have to pay GST under RCM or not. Pls clearify with section.