Yes, RCM applicable, if you are a Corporate firm.
In case of GTA there are 2 options:
1. GTA charging GST @ 12% - RCM is not applicable if GTA is charging 12% on invoice
2. No GST is charged on invoice by GTA - GST to be paid under RCM @ 5%
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
