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Reverse charge on Transportor

RCM 222 views 6 replies
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9 Points Posted on 03 August 2017
Will we have to pay GST under reverse charge on transportor bill? Can we claim input credit on the same?
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On 03 August 2017 at 18:16 Report
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1464 Points Posted on 03 August 2017
Yes we can claim ITC on the same
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On 03 August 2017 at 18:51
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31 Points Posted on 03 August 2017
Can you quote the provision regarding ITC on freight paid to GTA
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On 03 August 2017 at 19:21
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CS
214 Points Posted on 03 August 2017

if a GTA provides Goods transport services to the registered dealer then even if the turnover of the GTA exceeds 20lakhs then GTA is not required to be registered under GST.

 

Second, Reverse charge paid by registered dealer then ITC can be claimed by registered dealr. 

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On 03 August 2017 at 21:07
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20 Points Posted on 04 August 2017
we have pay in cash and then we have to claim ITC or can be adjusted with available ITC .Please reply.
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On 04 August 2017 at 15:59
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1464 Points Posted on 04 August 2017
No , first you need to pay GST under RCM in cash/online then claim it as ITC
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On 04 August 2017 at 17:41
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20 Points Posted on 04 August 2017
thanks
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On 04 August 2017 at 19:14


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