RCM on Transportation charge

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1244 Points Posted on 12 January 2022
Dear Team

RCM on Transportation charges is applicable on Sales or Purchases.
Also, at what rate?

Thanks
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On 12 January 2022 at 12:09 Report
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Quick Summary
This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) on transportation charges. RCM generally applies when you pay freight to a Goods Transport Agency (GTA), regardless of whether it's for a purchase or a sale. The specific rate depends on the circumstances, and further clarification is sought regarding payments to unregistered transporters.

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Chartered Accountant
5010 Points Posted on 12 January 2022

It is applicable in all cases when you are paying freight to the transporter. 

If you are paying freight to the transporter GTA then RCM will apply except in few cases. 

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On 12 January 2022 at 15:36
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Chief Accountant
3150 Points Posted on 15 January 2022
If you are paying freight to the GTA transporter than RCM will apply, whether it's your purchase or sale.
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On 15 January 2022 at 16:11
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Manager-Accounts
46 Points Posted on 07 March 2022

Freight paying to unregistered Transporter, RCM payable or not ?

Please reply.

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On 07 March 2022 at 17:27

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