banner_ad

RCM on GTA

RCM 382 views 7 replies
User Avatar

accountant
1 Points Posted on 04 January 2020
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.
Reply Share Follow
On 04 January 2020 at 17:43 Report
Replies (7)
User Avatar

840 Points Posted on 04 January 2020
RCM to be paid and claimed by the receipient
3 Reply
On 04 January 2020 at 18:09
User Avatar

audit staff
1203 Points Posted on 04 January 2020
Rcm payable by recipent of service, so u case firm will pay 5 percent gst and also take itc on next month
1 Reply
On 04 January 2020 at 18:33
User Avatar

840 Points Posted on 04 January 2020
ITC can be claimed in the same month itself @ srikumar
3 Reply
On 04 January 2020 at 19:14
User Avatar

10 Points Posted on 04 January 2020
If both are registered in GST then recipient have to pay and claim input tax (if tax rate 18%).
Reply
On 04 January 2020 at 23:33
User Avatar

audit staff
1203 Points Posted on 05 January 2020
Sowjanya sir, ITC can be claim same month or next month, but itc will be available
1 Reply
On 05 January 2020 at 09:01
User Avatar

840 Points Posted on 05 January 2020
@ srikumar
we have the option to claim same month y to wait for one month
3 Reply
On 05 January 2020 at 11:52
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 06 January 2020
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...

463 Reply
On 06 January 2020 at 12:36


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details