Freight, rcm & reimbursement
Querist : Anonymous
as supplier we have paid the freight Rs. 2300/- on the behalf of our buyer. However we have not charge this freight amount in invoice but buyer would reimburse this freight amount to us. Pls clarify in this scenario who will pay 5% GST under RCM and who will claim ITC thereof?
Thanks
Mukul Gupta
Querist : Anonymous
We have supplier has paid the freight. But freight amount has not charge in invoice. Also the buyer will reimburse the freight amount. So in this scenario who will pay 5% tax under RCM and who will claim ITC
Click here to login now
Similar Resolved Queries
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
