Rg rcm
This query is : Resolved
Pankaj Jangir
(Querist)
10 November 2017
Sir
If we paying carriage charges to any GTA below of 750/- per day then are we liable to pay GST in RCM or Not?
Second if we are taking the service from unregistered lorry owner and amount is more then 5000/- are we liable to pay the GST UNDER rcm
Thanks
If we paying carriage charges to any GTA below of 750/- per day then are we liable to pay GST in RCM or Not?
Second if we are taking the service from unregistered lorry owner and amount is more then 5000/- are we liable to pay the GST UNDER rcm
Thanks
10 November 2017
If amount paid is below Rs 750/- per day then there is no RCM.
If lorry owner issues consignment note it will qualify as GTA as per CBEC clarification and in that case it will be covered u/s 9(3), which would mean that RCM will have to be paid irrespective of whether it is registered or not but the exemption of Rs. 5000/- per day will not be applicable as it applies only in case of section 9(4) cases.
If lorry owner issues consignment note it will qualify as GTA as per CBEC clarification and in that case it will be covered u/s 9(3), which would mean that RCM will have to be paid irrespective of whether it is registered or not but the exemption of Rs. 5000/- per day will not be applicable as it applies only in case of section 9(4) cases.
10 November 2017
If amount paid is below Rs 750/- per day then there is no RCM.
If lorry owner issues consignment note it will qualify as GTA as per CBEC clarification and in that case it will be covered u/s 9(3), which would mean that RCM will have to be paid irrespective of whether it is registered or not but the exemption of Rs. 5000/- per day will not be applicable as it applies only in case of section 9(4) cases.
If lorry owner issues consignment note it will qualify as GTA as per CBEC clarification and in that case it will be covered u/s 9(3), which would mean that RCM will have to be paid irrespective of whether it is registered or not but the exemption of Rs. 5000/- per day will not be applicable as it applies only in case of section 9(4) cases.
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