I have small doubt what is the difference between fright and transport GST RCM applicable on Freight but not transport
please suggest me
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Quick Summary
This discussion clarifies the distinction between freight and transport charges, particularly concerning GST Reverse Charge Mechanism (RCM). Freight typically refers to bulk carriage of goods via air, sea, or land, while transport covers moving goods or people between locations. RCM is applicable to Goods Transport Agencies (GTAs) that issue consignment notes, with specific thresholds potentially triggering the RCM.
Fright means a payment or charges paid for , carriage or transportation of goods ,by means Air , sea or land in bulk , Transport charges is paid for transportation of Goods , humans from one location to another . RCM applicable on GTA ( Goods Transport Agency) who issue consignment note .