banner_ad

Gst on freight charges...

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 November 2018 Dear Sir,

we purchased materials from Maharastra (Nagpur) and we paid to transport charges Rs.43000/- to transporter, How to Calculate RCM on the above freight and can i avail input tax credit on it?
we are andhra pradesh registered person.
Profile Image

kathir

Profile Image

kathir (Expert)
19 November 2018 Kindly confirm is this 43000 inclusive of material cost or freight charges only.? if its freight charges only, You should pay GST under RCM.
But this value inclusive of material also no need to pay GST under RCM subject to your freight condition based on agreement term. in simple words, The person who is paying the freight charges , should be Liable to pay GST under RCM.
Profile Image

ADIYYA KALI

Profile Image

ADIYYA KALI (Querist)
20 November 2018 43000 freight charges only.. if RCM Rate 5% ? can i claim ITC the same..
Profile Image

kathir

Profile Image

kathir (Expert)
20 November 2018 Yes, 5 percent applicable and you can avail ITC.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details