RCM applicable or not

No RCM applicable as freight on transport of goods by road is exempted.

Originally posted by : Rashmi Gandhi
	No RCM applicable as freight on transport of goods by road is exempted.

Madam, not got your point.....

PLease explain again,what is exempt???

RCM is not applicable on transport service by road.

 

but you have to pay 5% GTA with no ITC credit availbable.

 

But in my opinion RCM is applicable on GTA(5%) and receiver who is paying tax can claim ITC...

Is it wrong?

 

I agree with saloni GTA 5% with no itc and rcm is applicable if value above 5000

RCM is only applicable if trasporter gives you invoice and after that you paid directly to Transporter.

But if any other person paid that charged instead of you i.e. you will reimburse the amount to that other person. Then it still RCM will be applicable in your hand because that is your outstanding amount.....

SIR CAN I GET THE RCM CREDIT FROM GTA IN CASE OF SERVICE OR GOODS RECEIVED

Wohi to...

That means RCM is applicable on GTA and not on reimbursement of GTA.

Are nehi saloni,

Ap ak chiz sochiye agar reimbursement me vi RCM nehi dega to Trasporter payment k upar RCM koi nehi dega na receipient dega or nahi supplier dega to a to galat ho geya na.

Ap directly transporter ko payment karo ar samne bale party ko reimburse karo agar transporter ne apko bill diya he to RCM apko hi dena parega......

Jo transporter ko payment karega wo hi to RCM pay karega...

Thats the only conclusion. yes or no...

May ak transporter hu. To mayne Saloni Pv.t Ltd. k nam pe apko bill diya lekin apne dusra party ko phone kark bola k bhai Transporter ko tum payment kardo hum(Saloni Pvt. Ltd.) tumko(Party) bad me bo paisa reimburse kar dunga.

To is mamle me bo bala party transporter ko payment to kar diya lekin usne reverse charge pay nehi kiya kiuki bo uska outstanding nehi tha.

Or apne bo paise party ko bad me reimburse kar diya. Lekin transporter ne to apko(Saloni Pvt. Ltd.) service diya na to RCM vi apko pay karna parega.

Or bad me ap(Saloni Pvt. ltd.) us RCM credit lelijiye bas hoge GST ka fanda..... Khatam.......................................................................

Ok I rest my case...

SIR plz clarify on GTA (as per govt. list provided it's mention GTA 5% NO ITC credit) as per many gst expert it's means GTA provider are not allowed to take ITC credit not service receiver and service receiver will pay the 5% rcm and credit avail. it's means in each case as per govt. list credit word mention for service provider instead of service receiver.


   GTA always give the service but not receiving any service so I don't think so as per list 5% no itc is for service provider. as per my opinion this no itc credit is for service receiver instead of service provider. not only this case in each case. SECTION 9 (3) READ