hello everyone,
i have 2 questions
1)if a transporter is registered under gst and issued tax invoice at 5% , bill is shown 2b at 5% also so it means it is not GTA transaction and rcm is not applicable further we can take itc of 5% gst, am i right ?
2) if a transporter issues consignee note , so rcm is applicable so whether we have option of selecting gst rate like - 5% - for no itc and 12% to take itc? or it is like we have to pay 5% under rcm and can also take itc ?
CAclubindia
