Reverse charge & composite supply

Actually above said Calculation is your sale bill value....!

Am I right...?

Brick is the principal supply Amounting Rs. 40000 

Associated supply Truck Freight    Rs. 22000

Associated Labor charges Rs. 4000

Sub- total  Rs. 66000

IGST @ 5% on principal supply i..e. bricks Rs. 3300  (5% of Rs. 66000)

Total Rs. 69300  ( Sale Bill Value)

@ Rajai Ji

Brick is the principal supply Amounting Rs. 40000 

Associated supply Truck Freight    Rs. 22000

Associated Labor charges Rs. 4000

Sub- total  Rs. 66000

IGST @ 5% on principal supply i..e. bricks Rs. 3300  (5% of Rs. 66000)

Total Rs. 69300  ( Sale Bill Value)

@ Rajai Ji

Brick is the principal supply Amounting Rs. 40000 

Associated supply Truck Freight    Rs. 22000

Associated Labor charges Rs. 4000

Sub- total  Rs. 66000

IGST @ 5% on principal supply i..e. bricks Rs. 3300  (5% of Rs. 66000)

Total Rs. 69300  ( Sale Bill Value)

@ Raja Ji

Brick is the principal supply Amounting Rs. 40000 

Associated supply Truck Freight    Rs. 22000

Associated Labor charges Rs. 4000

Sub- total  Rs. 66000

IGST @ 5% on principal supply i..e. bricks Rs. 3300  (5% of Rs. 66000)

Total Rs. 69300  ( Sale Bill Value)

@ Raja Ji

Brick is the principal supply Amounting Rs. 40000 

Associated supply Truck Freight    Rs. 22000

Associated Labor charges Rs. 4000

Sub- total  Rs. 66000

IGST @ 5% on principal supply i..e. bricks Rs. 3300  (5% of Rs. 66000)

Total Rs. 69300  ( Sale Bill Value)

@ Raja Ji

Brick is the principal supply Amounting Rs. 40000 

Associated supply Truck Freight    Rs. 22000

Associated Labor charges Rs. 4000

Sub- total  Rs. 66000

IGST @ 5% on principal supply i..e. bricks Rs. 3300  (5% of Rs. 66000)

Total Rs. 69300  ( Sale Bill Value)

Actually your invoice values get Tax from your customer.

After the receipts or Supplied you ll be give above said charges to the Labour and freight then its under RCM...

Its mean, Your invoice values are your supply and You collect tax from Customer...

After you give charges then its your expenses or Inward supplies from URD. You pay tax under RCM basis.

Why I said this way...?

Bcoz, you are collect Freight 22000 and Labour 4000.

But, You can give labour 5000 or 3000. The same is Freight. So, Which amount you ll be give (Not received) that only calculated...

(Why it reflected many more times)

Sir, As already we have received 5% gst on truck freight and labor expense from our customers/clients and paying it in GST returns. Still, do we need to pay reverse charge @ 18% on truck freight and labor expense this shouldn't be 13% (18%-5%already paid) .

Secondly,

In GSTR3B We are paying tax (output-Input) so reverse charge would be our liability in output and simultaneously we are showing them in input also. Effectively we are not paying RCM any time, is it just the cross entry in tax liability and tax input everytime or later on this GSTR 3 B returns wont be there just GSTR1 and 2 only in that case we would be paying reverse charge in GSTR 1 and then input tax credit in GSTR 2.

@ Mohit...

Your above said calculation (18%-5%) 5% already paid is exactly wrong. You are collect from Customer. Its not paid. The collected amount is in your pocket...

Please reply...

After delivered What amount exactly you ll give to Freight and Labour...?

Sir,

We will be giving Rs. 22000 & Rs. 4000 respectively to Truck fleet owner and labor. And tax we would be paying in our Tax liability according to GSTR 1.

@ Raja Ji

Sir, tax collected from customer on Truck freight & labor would be paid by us in GST return it will be temporarily in our pocket till the time due date of our liability of paying tax doesn't come. And, in case the customer doesnt do payment to us for long then also we have to pay freight to truck owner and pay to labor and pay tax in GSTR3B /GSTR1 . Truck freight and labor doesn't have any relation to our customer they will deal with us only everytime. 

Yes... I accept your opinion...

Yes. You ll be pay tax under RCM basis....

If the truck owner/Freight receiver is other than GTA then RCM can't applicable...

@ Raja ji

"If the truck owner/Freight receiver is other than GTA then RCM can't applicable"

In our case truck owner is a single fleet owner that is not GTA and not registered even. Still RCM @ 18 % would be applicable?

Sir Pls answer my this query too

In GSTR3B We are paying tax (output-Input) so reverse charge would be our liability in output and simultaneously we are showing them in input also. Effectively we are not paying RCM any time, is it just the cross entry in tax liability and tax input everytime or later on this GSTR 3 B returns wont be there just GSTR1 and 2 only in that case we would be paying reverse charge in GSTR 1 and then input tax credit in GSTR 2. 

Hope this will conclude our discussion on it.