VRL Logistics A transport company
Can we take the input of Invoice shown by VRL In 2A Please confirm.
Menu
Transportor Input
Replies (6)
Depends on which option you've opted. If you're paying 12% tax on forward charge basis then you can take ITC as appearing in 2A (subject to fulfillment of conditions) or else you're not allowed to take ITC if you have opted for 5% option..
Thank youand second
reverse charge payable or not?
reverse charge payable or not?
Reverse charge tax is not payable by transporter.. It's payable by customer
We are customer of VRL Logistics
in 2A Input Showing by VRL.
So can we liable for Reverse Charge.
in 2A Input Showing by VRL.
So can we liable for Reverse Charge.
Okay,
Yes you're liable to pay 5% GST (CGST 2.5 +SGST 2.5 or IGST 5 as the case may be..) through e-cash ledger... you can't use credit ledger to pay RCM tax
Yes you're liable to pay 5% GST (CGST 2.5 +SGST 2.5 or IGST 5 as the case may be..) through e-cash ledger... you can't use credit ledger to pay RCM tax
Sir,
The Input Of VRL Logistics
Showing In 2A.
So Why We deposit Reverse Charge
The Input Of VRL Logistics
Showing In 2A.
So Why We deposit Reverse Charge
Recent Topics :
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
Related Topics :
CAclubindia
