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RCM on Freight

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402 Points Joined February 2019
1.I deal in both Exempted and Taxable goods mostly i have taxable Goods in this case If i am paying RCM on whole Freight without Bifreication of Exempt and Taxable and taking same as credit so is it correct or not and what if the freight paid is on exempted goods and doing RCM with claiming input.
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On 02 September 2020 at 12:46 Report
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accountant
519 Points Joined January 2019

its correct u can claim the ITC for the same

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On 02 September 2020 at 13:57
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402 Points Joined February 2019
What if the purchased goods is exempt.
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On 02 September 2020 at 15:40
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T
405 Points Joined May 2019
It is correct both are 2 different supplies receiving transportation service is 1 and purchasing goods is another purchase of exempt goods is exempt its transportation is taxable except some like agricultural goods so u r right
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On 02 September 2020 at 18:40

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