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RCM on freight on transportation of cotton seed


priyesh (student)     29 June 2020

priyesh
student 
 86 points

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is rcm payable on transportation of cotton seed? please provide legal backing if any for the same.

thank you in advance 😊.

avater

Pawan Vemula   29 June 2020

Pawan Vemula

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If Your Receiving Transportation Service From Goods Transport Agency Reverse Charge Mechanism Is Applicable. “Goods
Transport Agency means any person who provides service in
relation to transport of goods by road and issues consignment
note, by whatever name called”. Therefore, in the Service Tax
regime, issuance of Consignment Note (C/N) was integral and
mandatory requirement before any road transporter could be
brought within the ambit of GTA.

avater

priyesh (student)     29 June 2020

priyesh
student 
 86 points

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Sir, your reply is general, my query is relating to specific goods i.e. cotton seed.

avater

Pawan Vemula   29 June 2020

Pawan Vemula

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The cotton seed oil cake is not exempted under the GST Act in general and is also not covered under Notification No. 12/2017 (as amended from time to time). Thus being recipient of GTA services the applicant is liable to pay tax under Reverse Charge Mechanism.

avater

KRISSHNAN KP   29 June 2020

KRISSHNAN KP

 252 likes  2884 points

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Yes cotton seed are attract RCM

avater

priyesh (student)     30 June 2020

priyesh
student 
 86 points

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But in service tax it was considered as agriculture produce, and there is no change in definition from service tax to gst for agricultural produce


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