Gst amount on transportation charges under rcm
This query is : Resolved
22 December 2018
Hii Everyone
I have received Transportation from the Registered GTA , who raised Invoice which is amounting to Rs. 22500 and Footnote stated in Invoice that GST payable by consignee @ 5% on value of Invoice.
Whether the amount i.e Rs. 22500 is inclusive of GST or i have to charge GST on Rs. 22500 ??
Please provide the solution of the above query..
I have received Transportation from the Registered GTA , who raised Invoice which is amounting to Rs. 22500 and Footnote stated in Invoice that GST payable by consignee @ 5% on value of Invoice.
Whether the amount i.e Rs. 22500 is inclusive of GST or i have to charge GST on Rs. 22500 ??
Please provide the solution of the above query..
22 December 2018
GST payble on RCM basis on Rs 22500/-.
22 December 2018
Ok
Thanks a lot
What will be the Journal entry for the same
Thanks a lot
What will be the Journal entry for the same
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