salaries,freight charges,rent for shop and godown,interest paid.
a gst registered dealer above expenses paid RCM applicable.if applicable rate of tax paid.
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RCM applicable
Replies (7)
RCM not applicable to Salaries, Rent & interest.
Freight paid to non GTA then rcm not applicable.
Freight paid to non GTA then rcm not applicable.
rcm is not applicable in any of the above mentioned cases
None of the above mentioned expenses are Notified u/s 9(3) of the CGST Act 2017
However if service is taken from a GTA ( and GTA has not opted for Forward Charge ), then RCM applicable @ 5%.
Warm Regards.
However if service is taken from a GTA ( and GTA has not opted for Forward Charge ), then RCM applicable @ 5%.
Warm Regards.
| Originally posted by : RAJA P M | ||
 |
RCM not applicable to Salaries, Rent & interest. Freight paid to non GTA then rcm not applicable. |  |
I also agree with Raja sir opinion
hamali charges (loading and unloading ) rcm applicable
raja ji..... freight paid to non-gta rcm not applicable..... can you explain why...?
i guess there is a limit of upto rs 5000 per day.....also freight falls under 9(3).....
i guess there is a limit of upto rs 5000 per day.....also freight falls under 9(3).....
No... GTA service only fall under sec 9(3). Also the 5k limit lapsed***
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