Menu
Regarding RCM
Sir we are dealing with different governments departments for our item, we rate contract with nodal agency’s of government FOR destination delivery of item , so we are liable to pay RCM on freight on sales which we are paying to transportation. As in our rate contract written delivery upto destination.
Replies (2)
Yes you have to pay gst on GTA services received by you and if your service provider i.e GTA has not opted for forward charges.
Yes if you are availing Services from GTA you are liable to pay GST under RCM (As per Notification 13/2017 CT(r))
Note : No RCm is required if GTA is charging you 12% GST on FC
Note : No RCm is required if GTA is charging you 12% GST on FC
Recent Threads
- Conversion of Capital Asset (Shares) into Stock in
- Income tax-wrong head challan
- Regarding berthing of vesse
- Schedule FA reporting - peak value and cash MMF
- Partnership firm with foreign national person
- Audit required
- Deemed Withdrawal of ASMT-13 Orders & Adjustme
- Need advise with HRA claim
- Schedule AL limit for FY 2024-25
- Can a person use ITR 1 when she has CG of Rs.250/
Related Threads
CAclubindia
