RCM-5 % Input
This query is : Resolved
30 December 2022
To move the taxable goods from our factory premises to GTA Transport office for supply to the buyer through local transport i.e. Auto or mini carriage vehicles (Un registered) at the time we have paid outward freight charges to un registered persons with RCM -5% (Input & Output shown in GSTR-3B) in this regard we booked expenses as Outward freight Charges in Profit & Loss account. But, GST Officer not accepted by GST RCM-5% input taken, They demanded 18% GST. So , pls give the advice which is the correct. and give me any Document Evidence.
CA R SEETHARAMAN
(Expert)
30 December 2022
5% RCM not applicable as it's not a GTA transport.
GST not applicable on such transport it's exempt.
As it's charged to p and l GST not applicable.
If such amount is collected from the customer 18% GST applicable.
GST not applicable on such transport it's exempt.
As it's charged to p and l GST not applicable.
If such amount is collected from the customer 18% GST applicable.
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
- Ito add credit side of bank
- GSTR9 Annual Return
- Employee secondment
- Gift to nri relatives resides in usa
- Applicability of tax on invoice
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- GST ITC as per notification 12/2023- central tax
- Form 144 TDS Return Validation error
- Form 144 TDS Return Validation Error – Mandatory Fields
- Capital gain on commercial property and investment in residential property
- Import of Capital Machine
- 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?
- Resigning a auditor from the company for misconduct
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
