A trading company sold uts goods to the party on FOR basis i.e sales value including freight.
And the transporter raise bills to the company.
Please clear whether company has to pay gst @ 5% on rcm basis???
Menu
GST ON FREIGHT
Replies (3)
| Originally posted by : kishan agarwal | ||
 |
A trading company sold uts goods to the party on FOR basis i.e sales value including freight.And the transporter raise bills to the company.Please clear whether company has to pay gst @ 5% on rcm basis??? |  |
If Transporter raised bill to Comapny ( Service Receiver )
Than Company Liable under RCM and Pay Tax @ 5%
Tha
Yes , The RCM is applicable (If GTA)
RCM @ 5% is applicable for GTA
Recent Threads
- Wrong Place of supply mentioned by supplier on inv
- Itr for presumptive taxation and foreign asset
- BOE not reflacting on IDPMS
- TDS On Property - Income Tax Notice
- High Value Transaction - FY 24-25
- ITR e-verified but not under processing for 5 mont
- Loan from NRI to OCI card holder
- Buy back of capital goods
- Foreign professional income.
- RCM Paid by NBFC
Related Threads
CAclubindia
