RCM on freight
Vaibhav Goyal (4 Points)
11 August 2019
RCM on freight is applicable based on daily limit or compustary in case of a NON GTA?
2 Replies
yash
(accountant)
(519 Points)
Replied 11 August 2019
rcm is applicable on the amount of invoice above 750 rs. if invoice amount is 1000 then rcm is applicable and if invoice amount is 500 then no need to pay rcm on it.
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 11 August 2019
No RCM is applicable if the Transporter is not GTA
Recent Topics
- Takeover of Partnership firmmm
- Intra Day loss carry forward
- Prepaid Expenses in IT on which GST already paid
- OCI ( Overseas Citizen of India ) Tax Residency wh
- How to Apply for a PAN for a Company's Gratuity Tr
- DPT3 Form Acceptance of Deposit] Rules and unliste
- GST Liability under SARFAESI Bank Auction
- GST SCN for 2018-19
- Income tax return- 80U
- EQUITY SHARES OF RELIANCE NAVAL NOT SEEN IN DEMAT
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
