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RCM on freight

19 May 2018

(1) fright pe RCM mein Abhi koi relaxation hai ya nhi

(2) Kitne amount se jyada ki bilty pe humein RCM ke under gst lagana hai

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3 Replies

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 19 May 2018

Nahi freight pe RCM karna jaruri Hai

750/- tak ki bilty agar ek hi consignee kaa good hai exempt hai

1500/- tak ki bitly agar ek se jyada consignee ka goods hai exempt hai

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Parveen Aggarwal (68 Points)
Replied 19 May 2018

more clarification about RCM on fright

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 19 May 2018

GTA services are cover under section 9(3) which is never suspended by council

Goods Transport Agent has following Three Options or we may say three situations :

1. Providing Services to Specified Category Recipient – Applicability of Reverse Charge as per Notification No. 13/2017- Central Tax (Rate) Dt : 28.06.2017

2. Services to other than Specified Category Recipient – Forward Charge @ 5% without ITC – Rate of GST as per Notification No. 11/2017-Central Tax (Rate) Dt : 28th June, 2017

3. Forward Charging with ITC Availment – Forward Charge @ 12% availing ITC – Notification No. 20/2017 – Central Tax (Rate) dated 22ndAugust, 2017