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Himanshu Agarwal (Proprietor)     16 September 2021

Freight rcm etc

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


 2 Replies

Deepak Kumar

Deepak Kumar   17 September 2021

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


 

 

CS Abhishek Goyal

CS Abhishek Goyal (M Com FCS LLB M-AIMA )     17 September 2021

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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