This discussion clarifies GST return filing for transporters, particularly concerning the 5% RCM method. It explains how to handle bank receipts for transport services and details the process for reporting services under 5% (using RCM) versus 12% GST. Key advice includes examining the taxability of each consignment, as some may be exempt.
You are supply services under 5 % then you put the data B2b invoice column and enable the option reverse charge.or you are supply services is under 12% in that case you normaly entered in B2b invoice no enable option reverse charge so that taxable value is 100 and you charge 12 % in that case invoice value is 120 amd not enable any option or taxable value is 100 but tax charge is 5% in that case you are enable the option reverse charge
You have examine taxability of each consignment. sometimes there might be a case of exempt supply also. tax payment and reporting will be done accordingly