Dear sir,
If pvt ltd, a transport company (GTA) provide service to partnership /LLP, then who pay gst on rcm basis..
Kindly advice under gst regime.
Menu
RCM on GTA
Replies (7)
RCM to be paid and claimed by the receipient
Rcm payable by recipent of service, so u case firm will pay 5 percent gst and also take itc on next month
ITC can be claimed in the same month itself @ srikumar
If both are registered in GST then recipient have to pay and claim input tax (if tax rate 18%).
Sowjanya sir, ITC can be claim same month or next month, but itc will be available
@ srikumar
we have the option to claim same month y to wait for one month
we have the option to claim same month y to wait for one month
| Originally posted by : Salamat ansari | ||
 |
Dear sir, If pvt ltd, a transport company (GTA) provide service to partnership /LLP, then who pay gst on rcm basis..Kindly advice under gst regime. |  |
RCM payable by the Partnership/LLP if they Registered under GST...
Recent Threads
- How to show SGB interest in iTR
- How to file income tax return of ATM franchisee bu
- ITR Filing in case of deceased person
- Stuck with Schedule FSI in ITR 3
- Rental property gst claim genrator expense
- Gst on rental.
- TDS on Rent on joint property
- Cost of acquisition of a residential property acqu
- Updated IT Returns u/s 139 (8A)
- Conversion of Capital Asset (Shares) into Stock in
Related Threads
CAclubindia
