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GTA services

bk rawi (63 Points)

09 December 2017

hello sir i am small expenses paid to GTA services exp, 250,500,700, total monthly average rs 3000 this amount applicable RCM say yes are no
please explain

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4 Replies

RAJA P M ("Do the Right Thing...!!!") (128111 Points)
Replied 09 December 2017

No.... .

mahendra sahoo (Gst Practicion) (702 Points)
Replied 09 December 2017

if it paid freight to GTA with single consignment note upto 750 is exempt

Sheetal Devaki (Proprietor) (171 Points)
Replied 10 December 2017

but total paid exceeds rs. 5000 on any single day, then for that day tax to be paid on RCM

RAJA P M ("Do the Right Thing...!!!") (128111 Points)
Replied 10 December 2017

Upto Rs 750 fully exempted... If single consignment exempted less than Rs 1500... Otherwise RCM applicable @ 5 percent.... The one day ceiling limit not applicable GTA services...