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RCM under Rs.5000 from GTA Service

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Nitin

accountant

461 Points Posted on 25 August 2023

we have taken transportation service from an unregistered GTA of Rs.4500.

my question is that RCM is applicable in this case.

Replies (3)

Quick Summary

This discussion clarifies whether Reverse Charge Mechanism (RCM) applies to transportation services provided by an unregistered Goods Transport Agency (GTA) costing under Rs. 5000. The consensus is that RCM is applicable if the transporter issues a Goods Receipt (LR) in any form. If no LR is issued, RCM may not apply, but it's crucial to examine the specific receipt.