Gst 18% or 5% on gta(for freight)- as reverse charge
This query is : Resolved
10 February 2018
We have been paying GST on reverse charge on GTA (Freight) from July17-Jan 18- @ 18% and claiming back.
Is it correct or should we pay 5% GST and claim back as RCM
Is it correct or should we pay 5% GST and claim back as RCM
10 February 2018
No... It's not correct. No more requirements for Tax @ 18%
Yes... You can pay @ 5% under RCM basic and You can get back it as ITC...
Yes... You can pay @ 5% under RCM basic and You can get back it as ITC...
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
- Errors in lTDS FORM 26 QB FILING FOR Last instalment payment FOR HOUSE PROPERTY PURCHASE
- Regarding Capital gain of NRI
- Address Proof Required Gst Registration in UP
- Reg Correction Form 15CB & 15CA
- TDS deposited by party after the filing of income tax returns
- Gstr9 fy23-24
- Appeals pending - time limit
- Cancel of form 102 without transfer
- Commission agent gst registration requirement????
- Query on Cheque
- GSTR9 ITC AVAILED CLARIFICATION
- Tax on sale of mhada redevelop flat
- Gstr9 2023-24
- Wrong itc ingstr-3b coloum4-b-1
- Reclaim input disclose in annual return 23-24
- How to re-claim and offset the ITC in 3B rtn.
- How to determine Holding period of shares in the case of ( Listed shares)
- How to capital Gain in the case sale of shares after after right issue (STCG and LTCG)
- Capital in the case of sale of shares after Merger or Demerger
- Adjusted from Capital account
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
