Rcm on transportation
This query is : Resolved
Vaneet Monga
(Querist)
28 June 2019
Dear Experts
How to identify we need to pay RCM on Transportation or not.
Dear Experts
How to identify we need to pay RCM on Transportation or not.
CA Ashwini Seeram
(Expert)
28 June 2019
Generally, if RCM is applicable, the transporter mentions the same on the invoice. However, in many cases the transporter does not mention the same. It is safe to pay RCM and avail the credit if the transporter issues a consignment note and does not charge any tax on the invoice. If no consignment note is issued, the same can be treated as a GTO service which is exempted from GST.
Vaneet Monga
(Querist)
29 June 2019
Sir,
Portal Shows Liability due to reserves Charges Rs.11400/- and same amount reflect in GSTR-2A
so that means
Portal Shows Liability due to reserves Charges Rs.11400/- and same amount reflect in GSTR-2A
so that means
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