Forward charges
This query is : Resolved
24 July 2019
Dear Sir
Can We claim forward Charges which is paid by transporter ?
GSTR-2A reflect some value which is paid by transporter and same amount reflect liabilities due to reverse Charges at GST Portal
Can We claim forward Charges which is paid by transporter ?
GSTR-2A reflect some value which is paid by transporter and same amount reflect liabilities due to reverse Charges at GST Portal
24 July 2019
If the transporter is charging GST @12% under forward charge then the same can be taken as credit and in such case there is no liability under RCM.
Further, in case where the transporter is not charging any GST on the invoice, then the same will be reflected in GSTR 2A of the recipient as a reverse charge liability and the recipient shall discharge the GST @5% under Reverse Charge mechanism.
Further, in case where the transporter is not charging any GST on the invoice, then the same will be reflected in GSTR 2A of the recipient as a reverse charge liability and the recipient shall discharge the GST @5% under Reverse Charge mechanism.
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