Rcm transport

freight bill raised by transporter with 5% gst charged
can we claim it as it
or still rcm to pay

transporter has mentiond as RCM liabity in us and charged gst what is it
Replies (6)
Quick Summary
This discussion clarifies the Goods and Services Tax (GST) implications for transport services where the transporter has charged 5% GST and indicated 'RCM liability'. Participants confirm that this scenario does not fall under Reverse Charge Mechanism (RCM). Therefore, the GST charged by the transporter can be claimed as Input Tax Credit (ITC), and there's no need to pay GST under RCM.

No rcm. claim itc
ITC not available...
If itc not available what will be gst charged treatment
It will be reversible as ineligible ITC or receive without charging GST in the transporter's bill...
Still rcm to pay
No need to pay GST Tax under rcm basis...

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