Rcm - transportation exp.
This query is : Resolved
J. vijay kumar
(Querist)
09 May 2019
Dear Sir/Madam,
Please advise, whether RCM is applicable in the case we engage local lorry & he will not issue any sort of LR/Cash Receipt or proof of hiring the lorry. The freight will be paid by cash and booked into Freight Inward/Outward Exp.
My query is do we need to pay GST under RCM and can we avail input credit on the same, irrrespective of Freight paid on inward or outward of goods.
Thanks
Please advise, whether RCM is applicable in the case we engage local lorry & he will not issue any sort of LR/Cash Receipt or proof of hiring the lorry. The freight will be paid by cash and booked into Freight Inward/Outward Exp.
My query is do we need to pay GST under RCM and can we avail input credit on the same, irrrespective of Freight paid on inward or outward of goods.
Thanks
CA R SEETHARAMAN
(Expert)
09 May 2019
No RCM applicable on such freight payment it's exempt from GST.
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J. vijay kumar
(Querist)
09 May 2019
Then in which case RCM is applicable on GTA...& can we avail input for GST paid on RCM basis on freight outward?
J. vijay kumar
(Querist)
09 May 2019
Then in which case RCM is applicable on GTA...& can we avail input for GST paid on RCM basis on freight outward?
CA Anita Bhadra
(Expert)
09 May 2019
RCM is applicable on GTA
Transporter issuing consignment Note is GTA under GST
Transporter issuing consignment Note is GTA under GST
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