Company selling to goods to dealers on FOR basis ie delivery of material at customer place
Generally fright is being to made transporter with providing service bill and company has to RCM liability @ 5percent and Claim ITC.
now customer wants to receive the goods from company with own vehicle or hire vehicle and wants make payment to him to the extent of Freight portion and provide credit to dealer a/c.
dealer has submitting invoice to company with mention service code, but actually is not registered under GTA.
SInce dealer is not registered under GTA,whether dealer is eligible to issue invoice to reimburse of freight?
Is it applicable RCM?
is it applicable 18 tax on such services?
Shall company pay RCM @ 5percent?
pls clarify above.
Regards
Murali.
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RCM on freight charges.
Replies (9)
Yes dealer can raise bill for freight.
No RCM will be applicable kn dealer Bill raise to company.
No GST will applicable , its exempted in term of Notification 12/2017 CT (r)
No RCM will be applicable kn dealer Bill raise to company.
No GST will applicable , its exempted in term of Notification 12/2017 CT (r)
is he is not comes under GTA or courier agency?
is it ok?
but company receive transport services, is it not applicable RCM?
is it ok?
but company receive transport services, is it not applicable RCM?
agreed with Pankaj Ji.... For GTA there should be a consignment note. Without consignment note it is transportation by road other than GTA and hence No RCM will apply. It is also exempt vide notification 12/2017
he is not comes under GTA or courier agency as per notification and exempted service, but dealer having registered under GST and issue invoice with mentioning of Sac code, is it ok?
but company is taking transport service from customer, is it not applicable RCM?
but company is taking transport service from customer, is it not applicable RCM?
Yes ... Even though dealer is registered under GST & mentioned sac code for transportation , no GST attracts
& No RCM is applicable in case of co. Availing transportation services from customer because customer is not a GTA
Thanks Mr.pankaj.
U R always welcome dear
Good explanation pankaj sir please
but our auditor advise us,it attracts 18percent as reimbursement of expenses and it is not comes under transportion. is it correct?
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