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RCM in transport
how much rcm in transportation will be paid and ITC set-off taken.pls gaid me
Replies (2)
Quick Summary
GTA services attracts RCM under section 9 (3) @ of 5 %. And u can avail the same amount credit.
If gta is availing credit then pay tax at 12% if no credit is availed pay tax @ 5%
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