in which Case GTA is more beneficial RCM (in which recipient will pay tax)
or FCM( in which supplier has to pay tax 12% in which he can claim ITC)
if in FCM can he collect tax from recipient and paid
If service receipants are ready to pay 12% under FCM, it is better option.
Transportation tax payers prefer RCM. When supply includes transportation and billing is inseparable, it is very difficult to ascertain the machanism. Exple; in coal transportation covering loading and unloading and supervision service.
Cd you pls any one clarify the machanism
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
