Rcm on frieght reimbusement
This query is : Resolved
15 June 2019
Dear Sir,
I have purchase MS Rod (Sariya) worth Rs. 1,00,000/-
Add: GST Amount: 18,000/-
Sub Total: 1,18,000/-
Add: Freight Advance :(Transport) 20,000/-
Total 1,38,000/-
I have paid Rs. 1,38,000/- to my suppliers, and when the MS Rod has been received the Transport bill comes to Rs. 50,000 with my name and then I have paid rs. 30,000/-(Rs. 50,000 Less: Rs. 20,000 advance ) to the transporter .
My question is that whether i am liable to GST on RCM basis , if yes then on which amount (on 30,000 or 50,000 or on 20,000) , Please clarify with relevant clause and rules .
Also note that :
Supplier is Registered Party ( in Maharashtra)
Received is registered Party (In Uttar Pradesh)
Transporter is unregistered (Maharashtra)
I have purchase MS Rod (Sariya) worth Rs. 1,00,000/-
Add: GST Amount: 18,000/-
Sub Total: 1,18,000/-
Add: Freight Advance :(Transport) 20,000/-
Total 1,38,000/-
I have paid Rs. 1,38,000/- to my suppliers, and when the MS Rod has been received the Transport bill comes to Rs. 50,000 with my name and then I have paid rs. 30,000/-(Rs. 50,000 Less: Rs. 20,000 advance ) to the transporter .
My question is that whether i am liable to GST on RCM basis , if yes then on which amount (on 30,000 or 50,000 or on 20,000) , Please clarify with relevant clause and rules .
Also note that :
Supplier is Registered Party ( in Maharashtra)
Received is registered Party (In Uttar Pradesh)
Transporter is unregistered (Maharashtra)
15 June 2019
You are liable to pay GST under RCM on 50,000 as freight bill is on you.
17 June 2019
PLEASE CLARIFY SIR WITH RELEVANT NOTIFICATIONS AND RULES ETC.
17 June 2019
See section 9(3) RCM GST.
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