I have to pay freight on goods purchased to transporter. In single instance the amount of freight is about 500 to 1000 Rs.
My question is whether I am liable to pay GST under RCM ? Even though my total daily payment remains below Rs. 5000
Experts please help, because some opinion says that freight paid does not come in calculation of daily 5000 limit, so GST on freight is payable under RCM, even if amount of freight is Rs. 100.
Thanks
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gst rcm on freight paid for goods purchased
Replies (5)
If a consignment is of Rs 750/ or less you need not to pay RCM on freight or a c
cont reading....
It means goods, where consideration charged on transportation of all such goods for a single consignee does not exceeds Rs 750/
Or goods where consideration changed for transportation of goods on a consignment of transported in a single carriageway is less than Rs 1500
.no RCM will be applicable.
It means goods, where consideration charged on transportation of all such goods for a single consignee does not exceeds Rs 750/
Or goods where consideration changed for transportation of goods on a consignment of transported in a single carriageway is less than Rs 1500
.no RCM will be applicable.
otherwise freight paid on RCM
cont reading..
otherwise you will have to pay RCM on freight pd
otherwise you will have to pay RCM on freight pd
guys he is asking about notificartion 8 of central tax(rate) which states that if a registered person receives goods or services from unregistered person then he shall be exempt if aggregate value does not exceed 5000.
plz clarify with regard to this notification as well
plz clarify with regard to this notification as well
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