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Gst on transporation charges

213 views 1 replies

subhajit

Sr. Accountant

162 Points Joined December 2009

I am a GST regd. dealer. I order sand and stone chips from a UR dealer and pays him by bank transfer. Next day he send me the goods by a lorry for which transporation charge is paid by me to the driver directly in cash. Now my questions are:-

1) What is the tax rate of these product which I have to pay in RCM basis. What is the HSN code of these items?

2) Will I pay the tax in RCM basis on transporitng charges? If so what will be the rate and SAC ?

Replies (1)

saurabh

jaipur

257 Points Joined September 2011

there r certain cases which Is depend on your work. RCM is applicable in case of where the amount of expenses exceed rs 5000/- per day.if the amount is exceed then your are liable to pay 5% tax in RCM.