If I am running a company and a GTA brings goods in a single truck and the truck doesn't contain any material other than my company's consignment, and charges Rs. 1,400 for the consignment. I am liable to pay under Reverse Charge Mechanism.
Can I avail exemption of Rs. 1,500 for this consignment?? If yes, how would I prove that the truck was fully loaded with my consignment only??
CAclubindia
