Clarification required on RCM on GTA
This query is : Resolved
Debasish Pramanick
(Querist)
28 March 2018
Need clarification with example as I found little complicated about threshold limit of Rs 750/- and Rs. 1500/- in case of RCM on GTA.
Kindly help me out.
Thanks in advance
28 March 2018
No need to pay GST Tax under RCM basis if GTA bill is less than Rs. 750....
Also no need to pay GST Tax under RCM basis if GTA bill is Less than Rs 1500 But, SINGLE CONSIGNMENT....
Are you get it...?!
CA Rashmi Gandhi
(Expert)
28 March 2018
When there is consideration charged for the transportation of goods on a consignment transported in a single carriage is less than Rs. 1,500(means goods of many persons is carried on)
where consideration charged for transportation of all such goods for a single consignee does not exceed Rs. 750( goods of single person carried)
where consideration charged for transportation of all such goods for a single consignee does not exceed Rs. 750( goods of single person carried)
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