Sir,
presently RCM on GTA service applicable or not
8 Replies
abhishek chopra
(student)
(86 Points)
Replied 17 November 2017
pls clarify weather gst on gta applicable on more than 750 or not
abhishek chopra
(student)
(86 Points)
Replied 17 November 2017
pls clarify weather gst on gta applicable on more than 750 or not
Radha Krishna
(18 Points)
Replied 17 November 2017
from 13.10.2017 rcm applicable in freights payable or not
Bibek jaiswal
(Accountant)
(528 Points)
Replied 17 November 2017
yes RCM on freight is applicable only rcm on supply from unregistered have been put on hold till 31st march 2018
Ajay Prajapati
(512 Points)
Replied 18 November 2017
yes applicable 5% RCM ..EXEMPT 750 and 1500 ... with ITC
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 18 November 2017
Suspended as following - (Commonly Said as URD inwards as per following Sections)
The CBEC has notified suspension of Reverse Charge Mechanism (RCM) till 31 March 2018 Under
Section 9(4) of the CGST Act, 2017
Section 7(4) of the UTGST Act, 2017
Section 5(4) of the IGST Act, 2017.
There is nothing in the Notification on the effective date of RCM suspension. However GSTN has tweeted on 12 Oct. 2017 that the RCM Suspension will be applicable w.e.f. the date of Notification (i.e. 13 Oct. 2017).,
But.,
The following sections related Reverse Charge Mechanism (RCM) are Still applicable under
Section 9(3) of CGST / SGST Acts,
Section 7(3) of UTGST Act
Section 5(3) of the IGST Act,
relating to GTA, Legal Services provided by an Advocate, etc.,
The GTA services under section 9(3). Rcm is applicable from 1st July....
The CBEC has notified suspension of Reverse Charge Mechanism (RCM) till 31 March 2018 Under
Section 9(4) of the CGST Act, 2017
Section 7(4) of the UTGST Act, 2017
Section 5(4) of the IGST Act, 2017.
There is nothing in the Notification on the effective date of RCM suspension. However GSTN has tweeted on 12 Oct. 2017 that the RCM Suspension will be applicable w.e.f. the date of Notification (i.e. 13 Oct. 2017).,
But.,
The following sections related Reverse Charge Mechanism (RCM) are Still applicable under
Section 9(3) of CGST / SGST Acts,
Section 7(3) of UTGST Act
Section 5(3) of the IGST Act,
relating to GTA, Legal Services provided by an Advocate, etc.,
The GTA services under section 9(3). Rcm is applicable from 1st July....
Aditya Agrawal
(Student CA Final)
(146 Points)
Replied 19 November 2017
RCM has been suspended till 31/3 for goods/services received from unregistered dealer but yes on specified services covered u/s 9(3) which covers GTA, RCM is still applicable.
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(15145 Points)
Replied 19 November 2017
RCM is continue only unregister purchase hold up uo 31.3.2018
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