Freight expenses paid
This query is : Resolved
the gats b
(Querist)
27 November 2017
What treatment of Freight expenses paid to truck owner not GTA and GTA also. i am Dealing in excempted goods.
CA R SEETHARAMAN
(Expert)
27 November 2017
No GST payable on non GTA truck owners. GST payable under RCM if you are a GST registered dealer.
27 November 2017
Yes... I agreed to Mr CA R SEETHARAMAN Sir...
Non-GTA : No more tax liability. It's excempted under GST...
GTA : GST applicable under RCM..
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the gats b
(Querist)
28 November 2017
if i paid GTA but supply of Excempted goods RCM applicable.
Vishakha Kejriwal.
(Expert)
28 November 2017
GTA services and supply of exempted goods are two different supplies. Hence fro freight charges paid to GTA RCM would be applicable.
the gats b
(Querist)
29 November 2017
i am Registered In GST dealing in excempted good . my truck is used by related party for sale of excempted goods and they paid to me freight . freight is my other income . please tell me gst is applicable for me because i am truck owner not registered in GTA.
the gats b
(Querist)
29 November 2017
Thanks SIr please tell me if i purchase second hand truck from individual (unregistered in GST). truck is used for my own excempted goods supply . rcm is applicable or not??
the gats b
(Querist)
29 November 2017
and please tell me which amount rcm charged?
29 November 2017
No need pay Tax under RCM basis for the purchase of second hand goods purchased from Unregistered person.....
the gats b
(Querist)
29 November 2017
Sir Please tell me the reason.
29 November 2017
https://www.hubco.in/articles/gst-on-sale-of-second-hand-goods-including-car-laptops-old-and-used-bottles-all-about-margin-scheme-for-second-hand-goods
https://indianexpress.com/article/business/economy/sale-of-used-cars-gst-only-on-margins-made-by-dealer-says-adhia-4725219/
https://indianexpress.com/article/business/economy/sale-of-used-cars-gst-only-on-margins-made-by-dealer-says-adhia-4725219/
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