Mega Offer Avail 65% Off in CA IPCC and 50% Off in all CA CS CMA subjects.Coupon- IPCEXAM65 & EXAM50. Call: 088803-20003

CA Final Online Classes
CA Classes

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

RCM ON FREIGHT OF EXMTED GOODS


harshad fulsundar   14 April 2021

harshad fulsundar

 15 points

| My Other Post
Sir I am REGISTERED UNDER GST. I am a banana trader. When I buy bananas from a farmer, I have to pay for the transport of bananas from one place to another. Do I have to pay RCM on rent if. And I export Kelly
RENU SHARMA

RENU SHARMA   14 April 2021

RENU SHARMA

 44 likes  855 points

View Profile | My Other Post
No ,rcm will be will exempt as you are banana trader are exempt as per gst
Pankaj Rawat

Pankaj Rawat (GST Practitioner)     15 April 2021

Pankaj Rawat
GST Practitioner 
 3698 likes  50159 points

View Profile | My Other Post
In term of Notification 9/2017 CT (r) Services provided by a goods transport
agency, by way of transport in a goods
carriage of -
S.no.2 (a) agricultural produce;
is Exempted .

So as in light of Above No. RCM is applicable.
anil jain

anil jain (Partner)     15 April 2021

anil jain
Partner 
 32 likes  775 points

View Profile | My Other Post

exemption of agricultural produce is for farmer and not for trader.

In my opinion RCM is applicable.

Pankaj Rawat

Pankaj Rawat (GST Practitioner)     18 April 2021

Pankaj Rawat
GST Practitioner 
 3698 likes  50159 points

View Profile | My Other Post
Dear Anil

As per Notification 5/2017 CT , persons who are only engaged in making
supplies of TAXABLE goods or services or both, the total tax on which is liable to
be paid on reverse charge basis by the recipient of such goods or services or
both under sub-section (3) of section 9 of the said Act as the category of persons
exempted from obtaining registration under the aforesaid Act.

in context to above notification when there is Taxable supply then only Recepient is liable to do RCM & in term of Notification 9/2017 CT (r) the transportation services by GTA in case of transportation of agriculture products is Exempted. So when the services is Exempted then the question of RCM applicability does not arises.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Related Threads


Loading


Trending Tags