Rcm frieght exempted

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744 Points Posted on 01 January 2021
in purchase bill exempt item 150000
frieght 10000
total 160000
payment due total 160000
to frieght par rcm dena hoga kya
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On 01 January 2021 at 12:58 Report
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Quick Summary
This discussion clarifies Goods and Services Tax (GST) implications for freight charges when dealing with exempt items. If you purchase exempt goods and separately engage a Goods Transport Agency (GTA) for delivery, GST is likely payable under Reverse Charge Mechanism (RCM). This applies even if the purchase bill includes freight, especially if the GTA is an unregistered party.

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STUDENT
1631 Points Posted on 01 January 2021
Frieght from unregistered party?
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On 01 January 2021 at 13:42
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744 Points Posted on 01 January 2021
No vo to purchase bill mein add hoke aaya hai putchase party gst mein register h
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On 01 January 2021 at 14:40
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378 Points Posted on 02 January 2021
You mean to say that that their is purchase of exempt good. For which GTA service was separately taken to bring that good. If such is the case then you are required to pay GST as it not a composite supply. RCM liability will exist.
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On 02 January 2021 at 00:05

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