Vaib (Sr. Accountant) (42 Points)
24 January 2022Dear Sir,
We received a G.R. from Transporter and he charged the Freight Rs. 9000 and loading charge Rs. 900. We charges the freight Rs 9000 on our sale invoice so we will not charge RCM on Rs. 9000. Please suggest for the loading charge. Should we calculate RCM on it or not?
CA Altamush Zafar
(GST Consultant)
(15907 Points)
Replied 25 January 2022
Even if you charge Transport in your sales invoice to your customer you will still have to pay RCM on transport charges of the transporter because that is a different transaction and you selling goods is a different transaction. RCM will have to be paid on 9900 since freight and loading becomes composite supply with the principal nature of transportation.
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