Menu
RCM on import of service of transportation
we have taken service of foreign transporter for transport of goods from that country to another foreign country. the goods we are transporting is of our Indian customer and we are providing them service of transportation of their goods from one country to another country and for that we have taken service of foreign transport company. is RCM applicable on the service charge paid by us to foreign transport company?
Replies (1)
SCHEDULE III. (of CGST Act)
[ See section 7]
ACTIVITIES OR TRANSACTIONS WHICH SHALL BE TREATED NEITHER AS A SUPPLY OF GOODS NOR A SUPPLY OF SERVICES
clause 7 -1[Supply of goods from a place in the non-taxable territory to another place in the non-taxable territory without such goods entering into India.
Thus in my opinion freight is not taxable.
However if u pay merely service charge then it is taxable under RCM on import of service.
Recent Topics :
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
Related Topics :
CAclubindia
