11 August 2023
Dear Experts, A company is purchasing the goods from its suppliers GST registered Supplier dispatches the goods on "Paid Basis" to our premises. The transporter also registered person under GST. The transporter declares in their LR copy as " SERVICE RECEIPENT IS LIABLE TO PAY GST UNDER RCM".
The query: 1.Here who needs to pay the GST under RCM? Either the company or the supplier? 2.Incase, if the supplier dispatch the goods on "TO PAY" basis, will the responsibility to discharge the GST liability under RCM will change?
CAclubindia
