We are dealing with products having GST rate of 5% and 12% and for these products, we pay commonly 5% as RCM on Freight . Now we want to procure a product having GST rate of 18%.Is the same rate of 5% as RCM on Freight applicable or product's GST rate of 18% applicable?
NOTE: Transporters are Non-GST holders.
Dear Experts please help in this regard. Thanks in Advance...
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GST RATE FOR RCM ON FREIGHT
Replies (4)
Quick Summary
I can't understand...
Transporter give service to You for movement of goods. You can pay** GST under RCM of the transporter's bill...
I don't think this is impact your supply of above said way...
Can you clarify...??
Transporter give service to You for movement of goods. You can pay** GST under RCM of the transporter's bill...
I don't think this is impact your supply of above said way...
Can you clarify...??
Ie.. We can pay flatly 5% as RCM on freight or we have to pay 18% as RCM on freight because we are dealing with products of different Gst rates such as 5%, 12% and 18%...
You can pay 5% .
Raja PM Sir... For this kindly specify a Notification please...
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