RCM on Transportation

Kunal Pansari (Accountant) (1037 Points)

17 August 2017

Is RCM applicable on transportation of exempt goods? If yes, can we claim ITC on the RCM paid?

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4 Replies

Kaushik Deepak (KD) (Deputy Finance Manager) (1136 Points)
Replied 17 August 2017

Originally posted by : Kunal Pansari
	Is RCM applicable on transportation of exempt goods? If yes, can we claim ITC on the RCM paid?

YES, you can claim

PRABIR PAUL (*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.) (1448 Points)
Replied 17 August 2017

Don't needs to pay RCM on freight paid for exempt goods.....

Kaushik Deepak (KD) (Deputy Finance Manager) (1136 Points)
Replied 17 August 2017

Originally posted by : PRABIR PAUL
	Don't needs to pay RCM on freight paid for exempt goods.....

ANY REFRENCE

Vinay Garg (Student cum businessman cum professional) (859 Points)
Replied 17 August 2017

If there is no tax in normal charge, there wont be any tax in RCM too.

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