rcm transportation
Accounts Department (25 Points)
26 April 2019
transporting 5% but 12% paid input credit next month
3 Replies
CA Shikha Sharma
(Ceo)
(3869 Points)
Replied 26 April 2019
goods transport agency allowed
5% in case of RCM
12% IN CASE OF NCM AND ITC AVAILABLE
5% in case of RCM
12% IN CASE OF NCM AND ITC AVAILABLE
Pankaj Rawat
(GST Practitioner)
(55062 Points)
Replied 27 April 2019
if you have excercise the scheme of 5% GST On FCM , then cannot change it to 12 %GST(with ITC) in mid of FY year . Once the scheme is scheme is opted have to be carry till end of FY .
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