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RCM RELATED
our GST practitioner told for IGST Purchase there is no RCM for SGST CGST there is a RCM ... plz why explain me ...is it correct of wrong
Replies (7)
Purchase no applicable for rcm under gst law
on transportation of purchase
RCM is applicable if the Transport is GTA & as per section 13 igst act [9] The place of supply of services of transportation of goods, other than by way of mail or courier, shall be the place of destination of such goods.
So SGST/CGST is applicable
So SGST/CGST is applicable
I didn't get the point
ANY INWARD SERVICES AVAILED FROM GTA IS UNDER RCM , THE RECEIPENT IS LIABLE TO DO RCM
NOTE : GTA IS WHO ISSUE BILTY (CONSIGNMENT NOTE)
if it is IGST then there is no need of taking RCM my practioner said
No its not like that , RCM has to be done in case of services availed from GTA
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