Sir,
One of my Client is HPCL Dealer and having a Heavy Vehicle carrying IOC Cylinder. the problem is the Vehicle is in the name of the Client and receipts are also credited to Clients account only will there be any GST Obligation for the client to pay GST on Reverse Charge on receipt of transport charges. the agreement with company also have no clause of GST
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GST on Transport Charges from HPCL
Replies (2)
Depends on the nature of agreement between your client and the company even if there is no clause on GST.
Nature of contract will determine the nature of supply and therefore the tax
Not under RCM, but no forward charge basis, your dealer is transporter for this limited purpose since it is charging freight.
Dealer is liable to pay GST.
Dealer can net the freight (Taxable) for GST purpose. If it cannot charge GST separately.
Freight received/(100+gst rate)*100= taxable value
Freight received/(100+gst rate)*tax rate=GST
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