Dear Concerned,
i am the transport owner and i hv the business of clearing and forwarding of containers. i hv my own trailors and i also take the trailors from other transporter in market. i want to know that whether i have to pay gst on rcm on the transport expense incurred by hiring trailors from market. i prepare the income bill of transporrt without gst i.e gst payable by consignor/consignee.
if i hv to pay gst on transport exp under rcm, can i take itc of it???
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GST ON TRANSPORT UNDER RCM - URGENT ANSWER REQUIRED
Replies (3)
As per S.N.22 of Notification No 12/2017 of CGST Act
Services by way of giving on hire –
to a goods transport agency, a means
of transportation of goods.
Is Nil rated...
so No RCM applicable in your case.
Services by way of giving on hire –
to a goods transport agency, a means
of transportation of goods.
Is Nil rated...
so No RCM applicable in your case.
in short GTA to GTA is nil rated.. no RCM
thank you
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