GST IN CASE OF TRANSPORTATION
This query is : Resolved
Quick Summary
Suresh S. Tejwani
(Querist)
16 February 2023
MR . A PROVIDES SERVICE FOR SALE OF PETROL & DIESEL AND HAVE ITS OWN TRUCK FOR TRANSPORTATION OF DIESEL & PETROL.
THE COMPANY FROM WHOM MR. A PURCHASES PETROL, USED TRUCK OF MR . A TO PROVIDE SERVICE OF TRANSPORTATION OF PETROL TO THIRD PARTY AND RAISE INVOICE IN THE NAME OF COMPANY AND REIMBURSED SOME MONEY TO MR . A
SINCE MR. A RECIVED MONEY FROM THE COMPANY , IS HE LIABLE FOR PAYMENT OF GST ?
IF YES UNDER RCM OR FCM ?
THE COMPANY FROM WHOM MR. A PURCHASES PETROL, USED TRUCK OF MR . A TO PROVIDE SERVICE OF TRANSPORTATION OF PETROL TO THIRD PARTY AND RAISE INVOICE IN THE NAME OF COMPANY AND REIMBURSED SOME MONEY TO MR . A
SINCE MR. A RECIVED MONEY FROM THE COMPANY , IS HE LIABLE FOR PAYMENT OF GST ?
IF YES UNDER RCM OR FCM ?
CA R SEETHARAMAN
(Expert)
17 February 2023
Yes, liable under FCM.
Suresh S. Tejwani
(Querist)
17 February 2023
BUT WHAT ABOUT TAX PAID BY COMPANY FOR SALE OF PETROL WHICH ALSO INCLUDES DELIVERY CHARGES ?
CA R SEETHARAMAN
(Expert)
17 February 2023
It's VAT paid on sale of petrol no ITC can be claimed under GST.
Suresh S. Tejwani
(Querist)
18 February 2023
company make sales invoice to third party ( petrol + delivery charges ) and paid VAT on it - correct .
Q.) now we as a owner of truck for giving our truck (transport services) to company to make delivery of goods, are liable for payment for GST ?
in my point since the company is registered under GST has to pay GST . for using our truck on the basis of RCM.
whether my point of view is correct ?
Q.) now we as a owner of truck for giving our truck (transport services) to company to make delivery of goods, are liable for payment for GST ?
in my point since the company is registered under GST has to pay GST . for using our truck on the basis of RCM.
whether my point of view is correct ?
CA R SEETHARAMAN
(Expert)
18 February 2023
Yes, right.
GST not applicable on such transport it's exempt.
GST applicable on GTA transport only.
RCM also not applicable.
GST not applicable on such transport it's exempt.
GST applicable on GTA transport only.
RCM also not applicable.
Suresh S. Tejwani
(Querist)
18 February 2023
thanks for clearing my doubt
CA R SEETHARAMAN
(Expert)
18 February 2023
You are welcome...
..
..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- GSTR-9C filing
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Applicability of tax on invoice
- IMS (import of goods) ITC related
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
