Dear Experts,
We are Registered Personal. We are giving below the expenses which we generally expense :-
1) Freight & Cartage
2) Packing Exp. (URD)
3) Repair & Maint. (RD & will Charge GST)
4) Salary & Wages
5) Director's Remuneration to working director (paid u/s 192B of I.Tax Act)
6) Interest on CC Account
7) Interest on Car Loan Account
8) Bank intt. against Bill of Exchange discounting.
9) Insurance premium - Car, Lorry, Transit Insurance
10) Telephone Exp. (RD & will Charge GST)
11) Car & Motorcycle Running & Maint.
12) Postage & Courier (will not charge GST)
13) Printing & Stationery (will not charge GST)
14) Staff Welfare - Tea etc. (will not charge GST)
15) Water bill from Govt. Department
16) Argon, Oxygen & LPG Cylinder Exp.

Sir, please tell us which Expenses are liable to pay GST under RCM in above list.

Please sir, help us to resolve the above query. Waiting for an early & stick response in this regard.

RAKESH SHARMA

Read more at: https://www.caclubindia.com/experts/rcm-on-expenses-2497339.asp

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As per provisio to 140(3) of the transitional provisions, only a trader is eligible to opt for this scheme.
In case of a 2 wheeler dealer say Honda motor vehicle dealer, he is also a service provider as he does servicing of vehicles. Can he opt for the scheme as he doesnt have excise invoice for spares, and claim full credit in case of vehicles where he has excise invoices.