RCM on Freight
This query is : Resolved
22 September 2017
If i paid 6000/- to a unregistered transport agency in a day for receiving the goods which i purchased from a registered dealer, then how much tax calculated on it
Plz ans
22 September 2017
If transporter is a GTA who issued consignment note 5% GST payable.
Message likes :
1 times
22 September 2017
Yes. I agreed to Mr. CA R SEETHARAMAN Sir.,
It's GTA then 5% GST payable under RCM (CN/LR)....
Other than GTA / Local small (single Vehicle owner) its exempted...
It's GTA then 5% GST payable under RCM (CN/LR)....
Other than GTA / Local small (single Vehicle owner) its exempted...
23 September 2017
Thank you for your answer sirs, can i get notifications regarding RCM on freight or House Rents
23 September 2017
Input can be taken in next month.
https://www.cbec.gov.in/resources//htdocs-cbec/gst/goods_transport_service.pdf;jsessionid=9B41284DCCDB884828C1632AD30B02D3
https://www.cbec.gov.in/resources//htdocs-cbec/gst/goods_transport_service.pdf;jsessionid=9B41284DCCDB884828C1632AD30B02D3
23 September 2017
Yes....
But, You ll be leave it previous months then only you can claim it next month....
23 September 2017
If i paid 4000/- per month towards shop rent , then how much tax will calculated on it
23 September 2017
As your value it's not taxable if no more other URD inwards less than 1000 + Rent 4000...
It's gone above 5k then rcm ll applicable...
It's gone above 5k then rcm ll 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
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Gift Received from nonblood relative
- Section 50-fixed asset-->building ceases to exist
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Putting a heading on received mail
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Reprocessing of rectification order AY 2025-26
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- 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
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
