Rcm on gst
This query is : Resolved
Ravi j patel
(Querist)
15 August 2017
Qstn
1) A sales goods to B via GTA C, A pay freight to C nd provide free transport to B for sale of goods. Who is liable to pay gst on rcm?
2) A sales goods to B via GTA C, B pay freight directly to C . Who is liable to pay gst on rcm?
3) A sales goods to B via GTA C, A pay freight to C and A show freight charges separately on invoice (on which gst is already charged) . Who is liable to pay gst on rcm?
1) A sales goods to B via GTA C, A pay freight to C nd provide free transport to B for sale of goods. Who is liable to pay gst on rcm?
2) A sales goods to B via GTA C, B pay freight directly to C . Who is liable to pay gst on rcm?
3) A sales goods to B via GTA C, A pay freight to C and A show freight charges separately on invoice (on which gst is already charged) . Who is liable to pay gst on rcm?
CA R SEETHARAMAN
(Expert)
15 August 2017
1 A is liable to pay GST under RCM.
2 B is liable to pay GST under RCM.
3 A is liable to pay GST under RCM.
2 B is liable to pay GST under RCM.
3 A is liable to pay GST under RCM.
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Ravi j patel
(Querist)
15 August 2017
But sir in 3rd case there will be twice gst on transport as A is just showin actucal freight charges paid on invoice separately.
CA Suresh Jain
(Expert)
15 August 2017
The freight in 3rd case is part of sale price and therefore GST is to be charged as per the main supply of goods. No RCM payable by B.
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Ravi j patel
(Querist)
15 August 2017
But what if A charge 18% on freight, collect 18% gst from B and A pays only 5% gst on freight to govt ?
CA R SEETHARAMAN
(Expert)
15 August 2017
A will pay 5% under RCM and claim ITC on it besides paying 18% GST collected from B to Govt.
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