RCM TO RCM
This query is : Resolved
Quick Summary
seenu gupta
(Querist)
13 February 2020
Sir,
I am a GTA providing services to a company. For providing such services I am availing services from another GTA.
For the services provided to the company, they are paying us GST on Forward charge basis @ 12%.
Am I liable to pay GST on services received from GTA under RCM? At what rate?
I am a GTA providing services to a company. For providing such services I am availing services from another GTA.
For the services provided to the company, they are paying us GST on Forward charge basis @ 12%.
Am I liable to pay GST on services received from GTA under RCM? At what rate?
CA Anita Bhadra
(Expert)
13 February 2020
The CGST Act gives a tax payment exemption to services received by GTA. No GST is payable on transactions where the GTA has hired a means of transportation of goods.
CA Anita Bhadra
(Expert)
13 February 2020
exempt in terms of notification no.12/2017-Central Tax (Rate) dated 28.06.2017 (sr.no.22)
Amol S Joglekar
(Expert)
13 February 2020
please refer notification no. 12/2017 dated 28/06/2017
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 credit note by supplier
- Reward for festival
- 18% Rent a cab
- Movement of goods by packers and movers - type of sale - Reg.
- Missed uploading GST Invoice
- Closer of business and itc of capital goods
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Appointment of Auditor By Form ADT-1
- ARCA LOGIN
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
