Rcm is applicable on transportation invoice from april-18
This query is : Resolved
vinod malpani
(Querist)
06 September 2018
RCM was applicable on transportation invoice but the same was hold till march-18 and again it was made applicable or not please confirm as i got invoice from transporter for Rs 75800/- dated 15.05.2018 should i have to pay rcm on the same. please confirm.
CA PRAVEEN
(Expert)
06 September 2018
If you have taken the services of GTA then you have to pay RCM.
CA Anita Bhadra
(Expert)
06 September 2018
RCM was applicable and on hold till 30 Sep 2018 for supply from unregistered supplier .
Transport services from GTA falls under RCM
In terms of Notification no. 12/2017-Central Tax (Rate) dated 28.06.2017 (Sr.no.18), the following services are exempt from GST - Services by way of transportation of goods (Heading 9965)- (a) by road EXCEPT the services of—(i) a goods transportation agency;
Notification no. 13/2017-Central Tax (Rate) dated 28.06.2017 (Sl.No.1) as amended by Notification no. 22/2017-Central Tax (Rate) dated 22.08.2017-where services of GTA are availed by you , GTA supplier has the option to pay tax (and avail ITC) @12% (6% CGST + 6% SGST); and if the GTA does not avail this option, the liability to pay GST will fall on the recipients (You)
Transport services from GTA falls under RCM
In terms of Notification no. 12/2017-Central Tax (Rate) dated 28.06.2017 (Sr.no.18), the following services are exempt from GST - Services by way of transportation of goods (Heading 9965)- (a) by road EXCEPT the services of—(i) a goods transportation agency;
Notification no. 13/2017-Central Tax (Rate) dated 28.06.2017 (Sl.No.1) as amended by Notification no. 22/2017-Central Tax (Rate) dated 22.08.2017-where services of GTA are availed by you , GTA supplier has the option to pay tax (and avail ITC) @12% (6% CGST + 6% SGST); and if the GTA does not avail this option, the liability to pay GST will fall on the recipients (You)
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