Gst on freight gta

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Querist : Anonymous

Querist : Anonymous (Querist)

20 September 2017 Dear Experts,
We are going to pay 340 freight to GTA pls let me know will I have to pay GST on RCM basis if yes what %

Whether GST on Freight is applicable from Rs. 1 or any exemption to the extent of any amount?

Thanks
Mukesh

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 September 2017 Up to Rs 750 freight no need to pay GST on RCM basis.

Querist : Anonymous

Querist : Anonymous (Querist)

20 September 2017 OK so I don't need to pay GST on 340 freight?
Also tell me whether we have to show this 340 freight in GST returns I.e. 3B or GSTR-1, GSTR-2

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 September 2017 Yes no need to pay GST on 340 freight and no need to show in GST returns.

Querist : Anonymous

Querist : Anonymous (Querist)

20 September 2017 Sir, can you pls let me know the Notification or section which stated that freight to the extent of 750 is exempt

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 September 2017 See exemption schedule.

Querist : Anonymous

Querist : Anonymous (Querist)

21 September 2017 Sir, pls guide me one more query :-
We have purchase the battery of 10500 for sale purpose with 28% GST and we have also avail the same ITC but due to some technical issue that battery has been has been damaged. Pls tell me since the battery is damage Hence it will be sale now as scrape in Rs. 400 or 500 with 28% GST

So my query is can we sale this battery in 400 or 500 with 28% GST if yes?

Than what about the ITC claim on purchased

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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21 September 2017 Input tax credit is not available for goods lost, stolen, destroyed, written off or disposed of by way of gift or free samples.

Querist : Anonymous

Querist : Anonymous (Querist)

21 September 2017 Sir pls clarify now this battery will be sold in 400 or 500 with 28% GST approximately as scrape, whether in my case this battery will also be consider as destroyed or lost

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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21 September 2017 Yes it will be considered as destroyed as you are selling it as scrap.

Querist : Anonymous

Querist : Anonymous (Querist)

21 September 2017 Sir! Can you pls let me know the clause pertain to ITC not available for goods Lost, destroy, gift, free as samples

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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21 September 2017 See the link
https://cleartax.in/s/gst-cases-where-input-tax-credit-is-unavailable

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