Gst 18% or 5% on gta(for freight)- as reverse charge
This query is : Resolved
10 February 2018
We have been paying GST on reverse charge on GTA (Freight) from July17-Jan 18- @ 18% and claiming back.
Is it correct or should we pay 5% GST and claim back as RCM
Is it correct or should we pay 5% GST and claim back as RCM
10 February 2018
No... It's not correct. No more requirements for Tax @ 18%
Yes... You can pay @ 5% under RCM basic and You can get back it as ITC...
Yes... You can pay @ 5% under RCM basic and You can get back it as ITC...
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