is reverse charge applicable in these situations on a registered private limited if they -
1) paid rent of commercial building rs 40000 to non registered individual
2) paid freight of 700 to non registered transporter
3)paid freight of 40000 to non registered transporter
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Reverse charge of GST
Replies (12)
RCM not applicable in current scenario for point no 1 & 2.
Also not applicable point no 3 if the transporter not a GTA....
Also not applicable point no 3 if the transporter not a GTA....
I purchases the goods from 10 no's of unregistered supplier and sole the goods to a registered person and collect GST @ 18%
So please suggest me.......is RCM and self invoices is applicable for me during purchase....?
or else what should I show the purchase details as it is purchased by Cash with no tax paid.
Please advice.
So please suggest me.......is RCM and self invoices is applicable for me during purchase....?
or else what should I show the purchase details as it is purchased by Cash with no tax paid.
Please advice.
- No need to pay GST under RCM basis...
- In current scenario no need self invoices if not paid tax RCM basis...
- Show the details in Exempted column in GSTR 3B return
- In current scenario no need self invoices if not paid tax RCM basis...
- Show the details in Exempted column in GSTR 3B return
ek unregistered person phelen to taxable good sale nhi kr skta agr krta hai to usko shyid 30din k andr gst registration krvani padhegi...
😢😢😢😢😢😢
No hindi....bro.
No hindi....bro.
@ Jaskaran Singh
Please brief your query?
Please brief your query?
1. No
2. No
3. No,... But if transporter is GTA & issue bilty , then RCM is to be done
2. No
3. No,... But if transporter is GTA & issue bilty , then RCM is to be done
@ Jaskaran
URD can sell Taxable goods , Lekin woh GST charge nahi Kar Sakta naa hi GST customer sey collect Kar Sakta hai .
Haan URD interstate taxable supply nahi Kar Sakta , else have to obtain Registration under GST
Yes sir m aggre with u
Sir I m registered person and sales the goods @ 18% GST. My total invoice value is around 3 lac.
But my purchase is from 10 to 15 Numbers of URD.
so my question is what reflected @ GSTR2 as its auto populated if purchased from registered person.
advise.
But my purchase is from 10 to 15 Numbers of URD.
so my question is what reflected @ GSTR2 as its auto populated if purchased from registered person.
advise.
sir, in 3rd condition transporter is GTA, issued bilty. their firm is registered in gst , but did not charge GST on the bill. then RCM is applicable or not?
Reply as under:
is reverse charge applicable in these situations on a registered private limited if they - 1) paid rent of commercial building rs 40000 to non registered individual -Yes from 1.7.2017 to 12.10.2017 if the rental services are supplied in respect of a premises in same state where the registered private co is located
2) paid freight of 700 to non registered transporter-Exempted from GST . This is when services of transport by GTA goods, where consideration charged for transportation of all such goods for a single consignee does not exceed rupees seven hundred and fifty;
3)paid freight of 40000 to non registered transporter-liable to 5% GST under reverse charge when the recipient is registered in GST and liable to pay freight to the transporter is GTA- being a person who does transport of goods by road service and issues LR/consignment note/bilti
Read more at: https://www.caclubindia.com/forum/reverse-charge-of-gst-497856.asp#reply
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