Request for notification for rcm liability @ 5 % by recipient

Sir 

We are in business of manufacturing of electronic Panel. Our consultants instructed us to pay RCM @ 12% instead of 5% on freight charges to claim the itc.

 

Kindly guide and provide notification regarding the same 

 

 

Replies (2)
Quick Summary
This discussion seeks clarification on the correct Reverse Charge Mechanism (RCM) applicable to freight charges for an electronic panel manufacturer. The user's consultants have advised paying RCM at 12%, but they believe it should be 5% to claim Input Tax Credit (ITC). They are requesting guidance and documentary evidence, specifically referencing notification no. 13/2017, to support paying RCM at 5%.

Refer notification no 13/2017

Sir 

Thanks for the detail.

But our consultants instructed to pay RCM @ 12% instead of 5 % on freight charges so I need to show the documentary evidence to pay the rcm @ 5 % 

Kindly help for the same

Thanks

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