Regarding rcm on gta

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MANAGER
29 Points Posted on 04 June 2020
I m receipant of goods I show my gstr 3b in may 2020
and paid 5 percent tax when I claim my ITC and show in gstr 3b
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On 04 June 2020 at 12:28 Report
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This discussion clarifies the Goods Transport Agency (GTA) Reverse Charge Mechanism (RCM) under GST. It explains that the standard RCM GST rate is 5%, as per Notification No. 13/2017. However, an amendment in Notification No. 22/2017 introduced a condition regarding non-payment of central tax at 6%, potentially leading to a 12% GST liability in certain scenarios.

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11 Points Posted on 04 June 2020
Organic manure What is the GST Rate
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On 04 June 2020 at 13:09
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MANAGER
29 Points Posted on 04 June 2020
Get on gta
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On 04 June 2020 at 13:11
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MANAGER
29 Points Posted on 04 June 2020
RCM on freight
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On 04 June 2020 at 13:24
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accountant
519 Points Posted on 04 June 2020
RCM on freight is to be paid @ 12%, and if transporter gives declaration about not availment of ITC the RCM @ 5%. and take the credit in the next month.
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On 04 June 2020 at 13:43
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MANAGER
29 Points Posted on 04 June 2020
I have shown 5 perecent
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On 04 June 2020 at 13:45
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Student
23693 Points Posted on 04 June 2020
The GST Rate on GTA Services under Reverse Charge Mechanism ( RCM ) is 5% vide Notification No. 13/2017 - CT (Rate), dated 28.06.2017.
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On 04 June 2020 at 14:02
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accountant
519 Points Posted on 04 June 2020

@ SHIVAM RC please refer Notification No -22/2017 Central Tax (Rate) dated 22-08-2017, govt. amend the notification and add inserted the word “, who has not paid central tax at the rate of 6%,” . and because of this we have to pay 12% gst

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On 04 June 2020 at 14:40

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