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Transportation Charge
we pay transportation charges for the good we purchase for reselling. Do we have to pay reverse tax for this expense as the tansporter is an unregistered service provider. If we pay reverse charge do we get input tax credit for the same.
Replies (2)
Service recipient is liable to pay tax under RCM if supplier is unregistered
In transportation
If transport by GTA then 5% under RCM
If transport by local lorries add in invoice not fall under RCM
In transportation
If transport by GTA then 5% under RCM
If transport by local lorries add in invoice not fall under RCM
thank you..
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