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 Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
