Transport exp included in tax invoice where gst is paid @5

236 views 2 replies
We are in the mining business which deals in dolomite mining.Every day we sent invoices to our client .The bill details dolomite lumps @ Rs 820 per tonnes + gst @ 5%.
On this Rs 820 per tonnes ( Rs 660 - cost of goods sold + transportation charges @ Rs 160 per tonnes is included). Do we have to pay gst tax on transportation @ Rs 160 @ 5% on reverse charge basis( transportation done by road).can we claim itc on the truck purchase for transportation of dolomite lumps
Replies (2)
No RCM. it's your cost of purchase of goods.
ITC on truck available
lullakishor @ gmail.com

Transportation charges is included in cost of goods and hence there is no need of GST payment under RCM. In case a separate invoice for the transportation charges is issued then GST is required to pay under RCM.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register