Applicability of rcm
This query is : Resolved
25 March 2014
If a company avails a service of relocation of official goods from one office to another then is it liable to service tax under RCM?
25 March 2014
Yes taxable under RCM.
Exemption is available for following
1)Transportation of agricultural produce.
2)Gross Amount Rs 1500/- in case of Multiple consignment and Rs 750/- in case of single consignment
3) Transportation of foodstuff Other goods like chemicals, fertilizer, oil cakes,relief material for victims of disaster and lastly defense or military equipment.
Abatement:
75% abatement is available
Exemption is available for following
1)Transportation of agricultural produce.
2)Gross Amount Rs 1500/- in case of Multiple consignment and Rs 750/- in case of single consignment
3) Transportation of foodstuff Other goods like chemicals, fertilizer, oil cakes,relief material for victims of disaster and lastly defense or military equipment.
Abatement:
75% abatement is available
27 March 2014
Actually in this case the company has availed the service of transportation of IT equipments.
So, would it be covered under cargo handling service if it involves packing and transportation?
Plese read the link below.
http://indiabudget.nic.in/ub2008-09/cen/dojstru2.pdf
So, would it be covered under cargo handling service if it involves packing and transportation?
Plese read the link below.
http://indiabudget.nic.in/ub2008-09/cen/dojstru2.pdf
27 March 2014
If that is the case it becomes a cargo handling service and RCM is not applicable on the same.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
