kishan agarwal (ARTICLE) (144 Points)
18 February 2018if a registered individual recieves transport service from unregistered Gta and the freight amount is less than 5000/- per day.
whether gst is payable on rcm?
praveen
(article assistant)
(38 Points)
Replied 18 February 2018
RAJA P M
("Do the Right Thing...!!!")
(128111 Points)
Replied 19 February 2018
Madhukar N Hiregange
(Chartered Accountant)
(39039 Points)
Replied 19 February 2018
As of now RCM on GTA bills reqd to be paid only by regd assessees. No amount limit
RAJA P M
("Do the Right Thing...!!!")
(128111 Points)
Replied 19 February 2018
| Originally posted by : kishan agarwal | ||
 |
if a registered individual recieves transport service from unregistered Gta and the freight amount is less than 5000/- per day.whether gst is payable on rcm? |  |
The exemption is available based on charge for total consignment, a consignee or nature of goods. It is not based on per day limit.
You are liable if you are registered.
praveen
(article assistant)
(38 Points)
Replied 19 February 2018
| Originally posted by : praveen | ||
|
please refer notification no 18/2017 dated 28/06/2017.as per the above notification ,for the supplies received from unregistered persons,there no need of GST irrespective of whether he is GTA or not. | |
Its 8/2017, right? Then it is about supplies covered u/s 9(4). However, GTA RCM is covered u/s 9(3).
varma and co
(Proprietor)
(24 Points)
Replied 11 May 2018
CAclubindia
