IF RECEIVER PLACE IS WEST BENGAL
SUPPLIER PLACE MADHYA PRADESH, HIS INVOICE VALUE RS 600000 AND HE PAY TRUCK DRIVER RS 7000 FOR TRANSPORT THENHE TOTAL INVOICE VALUE RS 6007000.
MY QUESTION IS RECEIVER PAY REVERSE CHARGE RS 7000 @ 5%, what will be shown in his book and it charge WHICH OF THE HEAD
IGST, CGST, SGST
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Reverse Charge
Replies (6)
Transporter will provide bill n show in his GSTR1 which will reflect in ur GSTR2A
As per Your query...
The transport value added in Invoice & Tax is charged then no need to pay GST Tax under RCM basis...
Bcoz, it's already taxed in supplied invoice...
The transport value added in Invoice & Tax is charged then no need to pay GST Tax under RCM basis...
Bcoz, it's already taxed in supplied invoice...
no seller only tax charged in his goods and rs 7000 amount which seller not given any tax which paid truck driver
Firstly say.,
The 7000 charged in invoice or not...???
yes seller showing his invoice rs 7000 and he not charge any tax this amount only he charged his goods value
As per GST if showing any charges in invoice then Gst is applicable for the charges...
Also No need to pay GST Tax under rcm basis for the Freight charges...
Also No need to pay GST Tax under rcm basis for the Freight charges...
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