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rcm applicable on transportation
@ Raja sir.. To whom u r saying
Dear.,
Who is ask the query I replied to the query/ist......
Why you ask above...? Any wrong understanding
Hmmm... I also replied here.. That's why misunderstood
| Originally posted by : Divakar | ||
 |
Hmmm... I also replied here.. That's why misunderstood |  |
So, It's mean....?? If you attend any query any others don't be attempt na....??
🙏🙏🙏🙏 ca club india is not mine.. And i hv no issues with anybody... I think u r saying to me that i give wrong answer... Thats why asking to whom u sadi sir... Sorry for asking 🙏🙏🙏 its better for me i am stopping myself to posting on ca club India... As i am not here for fighting with anybody.. Thanks
Ha ha ha...
Dear Divakar.,
It's common portal. No more fighting also you don't think it's fight...
It's just ll Discussion / Argument / Gaining Knowledge / etc...
Also I'm thinking you are my CCI friend. If you like this please think the same I'm your on of the CCI friend... That's all...
I think u r my senior sir😀😀
i purchased material from a supplier (interstate) and i paid the freight (Rs. 8000) by chque directly to the trasporter. He has not charged me anything on the bill. he is registered under GST . Do i have to pay GST on this bilty ?
Yes pay Gst @ 5% on rcm basis cgst and sgst... Plz refer section 9(3) of cgst act
Only on freight expenses... RCM applicable in ur case
There was a mention that if you pay 12% on freight u can get ITC. it has confused me a bit. Can someone explain, what's the correct way to go about it.
I was told, if u charge 5% RCM , u dont get ITC.
If you charge 12% , u get ITC...
this is confusing
That provision is for transporter and not for recipient of service... So don't worry... Pay 5% gst on rcm basis q
And take itc....
If transporter charges gst in forward charge then he has to charge 12% gst for taking itc.... If he charge 5% then no itc is available to him
thanks, i will deposit 5% RCM on his bill and take ITC...
read carefully 9(3) of CGST act
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