Rcm on transport charges condition


This query is : Resolved 

Quick Summary
This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) on transport charges. If you are a registered dealer paying transport charges to an unregistered or small truck transporter, RCM generally applies. However, RCM is not applicable if the transporter does not issue a Consignment Note, as this indicates they are not acting as a Goods Transport Agency (GTA).

(Querist)
01 August 2022 dear sir,
i pay transport charges for purchase of goods .but transport is not registered and small truck transport please advice me i have to pay rcm on transport charges paid by me or their is any exemption limit for this
with thanks

01 August 2022 Yes, RCM will apply in your case if you are a registered dealer.

jaigurudev (Querist)
02 August 2022 ca puja sharmaji is their no exemption limit?is this applicable to every truck if transport is regd or not regd?

02 August 2022 RCM will not be applicable if no Consignment Note is issued by the Transporter as not being a GTA.


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