If GTA service from out of state, RCM IGST applicable?
RCM on freight @ 5% or 12%?
Menu
Reverse charge on freight
Replies (4)
As per Section 12 (8)(b) , CGST/SGST will applicatable & rate is 12%
Sorry ....Rate on which RCM is to be done is 5%
yes RCM is applicable @ 5%.. but if GTA pays it should pay 12% and it can claim ITC
yes RCM is applicable @ 12%
Recent Topics :
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
Related Topics :
CAclubindia
