RCM. Reverse charge tax
Suthaniya P (84 Points)
03 September 2024
Do you have to pay reverse charge tax on paying for the freight charges?
Suthaniya P (84 Points)
03 September 2024
prasad Nilugal
( GST Practitioner & Accounts )
(14644 Points)
Replied 04 September 2024
RAJA P M
("Do the Right Thing...!!!")
(128075 Points)
Replied 04 September 2024
Rajendra Prasad
(Employee Private)
(1856 Points)
Replied 04 September 2024
If Transport Service provider is registered under GST and submitted declaration as prescribed in GST provisions then only he can collect GST in his Invoice on Fright Charges either @ 12% or @ 5%, else we have to pay GST under reverse charge and no need to pay GST to service provider.
RAJA P M
("Do the Right Thing...!!!")
(128075 Points)
Replied 04 September 2024
| Originally posted by : Rajendra Prasad | ||
 |
If Transport Service provider is registered under GST and submitted declaration as prescribed in GST provisions then only he can collect GST in his Invoice on Fright Charges either @ 12% or @ 5%, else we have to pay GST under reverse charge and no need to pay GST to service provider. |  |
Reverse charge is not applicable to freight charges. Except GTA and who gives LR with builty..
Suthaniya P
(84 Points)
Replied 04 September 2024
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