Dear Sir,
reverse charge is applicable on transportation exp? or is it postpond till march 2018.....
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Reverse charge on transportation
Replies (7)
It's not postponed...
Sec 9(4) related activities only suspended to 31/03/2018...
Sec 9(3) related activities is still applicable....
Your above said transportation from GTA then You ll be pay tax under RCM basis...
RCM APPLICABLE SECTION 9(3)... SEE THE DETAILS FOLLOWING LINK...
https://www.cbec.gov.in/resources//htdocs-cbec/gst/reverse-charge-mechanism-08aug2017.pdf;jsessionid=8C17D4EE616AD87C9BCD840E217E0D37
Read more at: https://www.caclubindia.com/forum/details.asp?mod_id=439419&offset=1
thanks
sir
can we take ITC on it
| Originally posted by : NITINBHAI PATEL | ||
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thanks sir |
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You are most welcome
| Originally posted by : praveen kumar | ||
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can we take ITC on it | |
What you mean "On it"...?
yes you can take credit of gst paid on freight charge under reverse charge mechanism
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