freight charges
This query is : Open
krishna murthi
(Querist)
16 August 2017
we have charged gst for freight in our bill and sent through courier . whether rcm applicable?
thanks in advance
CA Rashmi Gandhi
(Expert)
16 August 2017
You are providing services then why RCM apply....
CA Rashmi Gandhi
(Expert)
16 August 2017
When you charge freight in invoice then it is a composite supply.
In case of composite supply, you have to pay tax applicable on principal supply i.e. goods.
Also if there are more than 1 rate in invoice then highest rate to be used for it.
CA Rashmi Gandhi
(Expert)
16 August 2017
And on courier charges you paid to courier agency you are required to pay tax under RCM.
16 August 2017
Yes. it's composite supply. You ll charge GST on freight amount as per your principle supplies rate applicable....
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