banner_ad

reverse charge mechanism on transport

This query is : Open 
Profile Image

Profile Image

(Querist)
02 August 2017 Dear Sir/mam  I am normal trader and purchasing goods from inter state and in purchase transportation of goods is there so how would i collect the GST and how the RCM method is apply ..  Suppose for example :-  transporter charged 20000/- as freight so what is the amount of tax and how it is calculated in RCM method ???? can we claim rcm in same month or next month.
Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
02 August 2017 Calculate 5% GST on such transaction. Claim ITC in same month.
Profile Image

MOHAMMED ASGAR Bhati

Profile Image

MOHAMMED ASGAR Bhati (Querist)
03 August 2017 but lot of ca says no itc available on reverse charge on freight. pls clarify
Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
03 August 2017 Not available to GTA but to supplier ITC available.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
28 April 2026
Senior Accounts Professional

Vivek S Gupta & Associates

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details