Gta

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Neha Gupta (Querist)
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26 September 2013 If small transporters providing transporting services to a Company does not provide any proper consignment note (i.e. not fulfilling the required conditions to be considered as a consignment note)or provide local bill, Is company as a service receiver liable to pay reverse charge on receipt of such services?

CA Suresh Jain

CA Suresh Jain (Expert)
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27 September 2013 The transporter must be giving something in acknowledgement of receipt of goods. Please clarify

Neha Gupta

Neha Gupta (Querist)
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28 September 2013 Transporters are giving hand made bills on a simple paper mentioning Company's name, date, place of origin and destination of goods transported and amount.
Can it be sufficient to make Co. liable for reverse charge under GTA?

Neha Gupta

Neha Gupta (Querist)
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28 September 2013 If on purchase of an asset freight is also charged in Vat invoice, Is GTA on reverse charge applicable on such freight paid?

CA Suresh Jain

CA Suresh Jain (Expert)
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29 September 2013 Receipt of goods issued in what form or called/known by whatever name shall be a consignment note and therefore transaction mentioned by you is a part of RCM.

2. The freight charged in the invoice shall not be a part of RCM as the supplier of goods is not not a GTA, the position shall remain the same even if VAT is not charged on the freight in invoice.

disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case

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