LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

RCM On Transportation of exempted goods

23 September 2018

Is RCM applicable on transportation of exempted goods which are not covered under GTA exemotion list? Please share your views.

Reply
Follow
Share

10 Replies

Rohit Tibrewal (Student & Senior Accountant) (3193 Points)
Replied 23 September 2018

You are paying RCM on transportation charges not against the goods. So, RCM applicable

1 Like

NINAD TARALEKAR (110 Points)
Replied 23 September 2018

Yes sir i agree with you & My supplies are 100% taxfree so i cant claim ITC on such RCM, Right?

2 Like

Rohit Tibrewal (Student & Senior Accountant) (3193 Points)
Replied 23 September 2018

Yes 😔 keep it up

1 Like

subhagan sreerangam (7039 Points)
Replied 23 September 2018

Your activities is applicable RCM

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 23 September 2018

Yes there is goods on which RCM is not applicable on transportation of service provided by GTA ie Defence , Aggriculture etc

1 Like

NINAD TARALEKAR (110 Points)
Replied 23 September 2018

@ Pankaj Rawat.....Right sir. But i am supplying Cotton Seed Oil Cake which is not included in that list so RCM applicable.

Gopal Krishan Anand (10 Points)
Replied 23 September 2018

process of refund of Cash ledger balance ??

Rohit Tibrewal (Student & Senior Accountant) (3193 Points)
Replied 23 September 2018

Go to below link: with image it is shown

https://cleartax.in/s/refund-process-under-gst

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 25 September 2018

Yes , you have to do RCM in this case & Can avail ITC , & at same time has to reverse the ITC in 3b under reversal ITC

2 Like

prasad (EMPLOYEES) (315 Points)
Replied 26 September 2018

BUT CLIENT GSTR 1 FILLED TAX PERIOD?

Recent Topics

More recent discussions | Post

Related Threads

Popular Discussion

Start a New Discussion

Trending Online Classes

Live class on Bonus & Gratuity(with recording)

Mr.Balamurugan Ranganathan

Enroll Now

25 April 2024
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)

CA Arun Chhajer

Enroll Now

21 April 2024
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"

CA Vishal Zawar

Enroll Now

01 May 2024

view all classess

Subscribe to the latest topics :

Search Forum:

Forum Home

Popular Threads

RCM On Transportation of exempted goods

10 Replies

Online GST Certification Course

Leave a reply

Recent Topics

Related Threads

Popular Discussion

Trending Online Classes

Subscribe to the latest topics :

Search Forum: