Dear All,
If a person is paying regularly freight amount of rs 2000-10000 daily to lorry rickshaw etc.
There is no invoicing etc is done as all are unregistered.
is there any liability from my side of GST or we can book a freight services in Profit and loss as expenses directly.
If yes please explain
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Freight rcm etc
Replies (2)
i think a lorry/ freight person issue a bilty then you have pay RCM other than not required to pay RCM only book expense but you wait for more people answer this question
RCM on transportation is applicable only on GTA services i.e. a transporter who is issueing a consignment note or builty.
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