We charged freight charges on invoice and calculated GST on the same rate as applicable on goods. But the same amount of freight paid to GTA. Is GST to be paid on RCM also.?
Value of Goods 90000/-
Freight charges 10000/-
Taxable value 100000/-
GST @ 18% 18000/-
Total Invoice value 118000
Now we paid 10000 to GTA and my Freight account shown in Profit and loss account as 0/-(10000 Dr-10000 Cr).
Is RCM applicable on payment to GTA of 10000/-