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Rcm under gta

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Querist : Anonymous

Querist : Anonymous (Querist)

30 August 2017 IF REGISTERED DEALER TAKE TRANSPORT SERVICE(UNREGISTERED) FROM INTER-STATE(OUT SITE STATE).HE PAY 200000 .How much tax will be made under RCM and it will get a ITC.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 August 2017 5% GST payable under reverse charge and ITC can be claimed if transporter is GTA. If transporter is non GTA no GST payable under reverse charge. Such services are exempt.

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Querist : Anonymous

Querist : Anonymous (Querist)

30 August 2017 DEAR SIR
PLEASE SUGGEST ME AMOUNT OF TAX????

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 August 2017 10000 payable.....................

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 August 2017 10000 payable.....................

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