rcm applicable on transportation

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74 Points Joined June 2017

Sir if  we were capable of reading these sections and understanding them , we would be answering queries here :)

i have come to know that the my GTA is registered and he has offered to charge me 5% in bill and pay to govt. Will ITC in this case be available to me ? thanks in advance

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On 10 February 2018 at 15:04 Report
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74 Points Joined June 2017

Sir if  we were capable of reading these sections and understanding them , we would be answering queries here :)

i have come to know that the my GTA is registered and he has offered to charge me 5% in bill and pay to govt. Will ITC in this case be available to me ? thanks in advance

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On 10 February 2018 at 15:04
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Student CA Final
11857 Points Joined May 2015
Itc is available to recipient of service in each case either gst charged on bill is 5% or 12%.....if transporter has not changed any gst then pay 5% gst on rcm basis.... In ur case place of supply is where transporter handed over goods so pay 2.5% cgst and 2.5% sgst
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On 10 February 2018 at 15:10
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Student CA Final
11857 Points Joined May 2015
Option is given to GTA 5% gst with no itc or 12% gst with itc... Recipient of service whatever pay get itc for that
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On 10 February 2018 at 15:13
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74 Points Joined June 2017

thanks divakar ji, things are much more clear to me now after reading all the comments.

 

The material was trasported from Uttar pradesh to delhi, even then we have to fill RCM in sgst and cgst  ? what is the reason for this ?

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On 10 February 2018 at 15:22
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Student CA Final
11857 Points Joined May 2015
In case of unregistered transporter place of supply is where he handed over the goods.. If freight is paid by consignee... So in that case cgst sgst.... If transporter is registered then pay igst as rcm
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On 10 February 2018 at 15:27
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Student CA Final
11857 Points Joined May 2015
U r most welcome sir
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On 10 February 2018 at 15:27
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"Do the Right Thing...!!!"
128111 Points Joined January 2015
Originally posted by : Divakar
U r most welcome sir

Very Nice reply Mr. Divakar... I accept with appreciate your all replies today in this forum...

Keep it up and Particiapte periodically... Bcoz., I'm not see your participating in CCI last few days...

 

>>> GOOD LUCK <<<

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On 10 February 2018 at 17:05
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Student CA Final
11857 Points Joined May 2015
Thanks for ur appreciation sir... Actually my paper is in may that's why busy in studying... But i replied every time in the best possible manner... I also see u after a long time😀😀😀
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On 10 February 2018 at 17:26
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Student CA Final
11857 Points Joined May 2015
@ Raja sir... Hope all is well
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On 10 February 2018 at 17:48


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