Multimodal Transport
This query is : Resolved
30 December 2025
In the FY 2021-22 our transport business was under RCM, we issued our sale invoice towards transport service to the customer RCM-YES in our GSTR1,inturn, the customer paid the RCM for the transport services received.
We declared, the above referred transaction sale in our monthly GSTR1 under B2B category taxable sale with RCM-YES.
While reversing the common Input Tax credit on Exempted supply, whether, we need to include the RCM sale value along with exempted sales to reverse the common Input Tax credit.
Please advice.
Ramesh.M
We declared, the above referred transaction sale in our monthly GSTR1 under B2B category taxable sale with RCM-YES.
While reversing the common Input Tax credit on Exempted supply, whether, we need to include the RCM sale value along with exempted sales to reverse the common Input Tax credit.
Please advice.
Ramesh.M
02 January 2026
RCM transport services are taxable supplies
RCM ≠ Exempt supply
RCM turnover should NOT be included for Rule 42 ITC reversal
No common ITC reversal required on RCM sales
Your GSTR-1 reporting as B2B (RCM YES) is correct
RCM ≠ Exempt supply
RCM turnover should NOT be included for Rule 42 ITC reversal
No common ITC reversal required on RCM sales
Your GSTR-1 reporting as B2B (RCM YES) is correct
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