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Rcm on gta service

RCM 326 views 4 replies
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audit staff
1203 Points Posted on 16 December 2019
sir, my client paid transport bill value rs.12700 @ 5 percent collected by GTA.
Can i claim such amount has itc or pay such amount on rcm ?
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On 16 December 2019 at 22:48 Report
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840 Points Posted on 17 December 2019
12700 is the frieght amount. you would have paid the same to transporter. now upon this you have to pay RCM @ 5% on 12700 and can claim same month
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On 17 December 2019 at 07:38
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audit staff
1203 Points Posted on 17 December 2019
Rs.635 is gst collected by gta. can i claim or nor claim such itc
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On 17 December 2019 at 09:07
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19 Points Posted on 17 December 2019
You should paid 635 on gst portal as rcm basis
and same can be claim as itc
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On 17 December 2019 at 19:06
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840 Points Posted on 17 December 2019
Transporter should not collect gst from you. you have to pay and claim as RCM
Transporter should raise Rs.12700 and should mention in his invoice as RERVERSE CHARGE IS APPLICABLE
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On 17 December 2019 at 19:11


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