Regarding RCM
This query is : Resolved
Quick Summary
jignesh sitapara
(Querist)
25 February 2021
Dear Experts,
Whose liability for RCM, if material of FOR price by supplier ? Also LR receipt is mandatory in this transaction ?
Please help me.
Whose liability for RCM, if material of FOR price by supplier ? Also LR receipt is mandatory in this transaction ?
Please help me.
CA R SEETHARAMAN
(Expert)
25 February 2021
In case of FOR destination freight payable by supplier and RCM applicable on supplier. LR required.
jignesh sitapara
(Querist)
25 February 2021
SIr, Hartly Thanks....
Sir, transporter not issue LR because we are CONTRACT with transporter. Now, what to do in this case ?
Sir, transporter not issue LR because we are CONTRACT with transporter. Now, what to do in this case ?
CA R SEETHARAMAN
(Expert)
25 February 2021
RCM not applicable in such a case.
jignesh sitapara
(Querist)
25 February 2021
Ok Sir,
But LR receipt require ?
But LR receipt require ?
CA R SEETHARAMAN
(Expert)
25 February 2021
Not required . . .....
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