16 February 2023
MR . A PROVIDES SERVICE FOR SALE OF PETROL & DIESEL AND HAVE ITS OWN TRUCK FOR TRANSPORTATION OF DIESEL & PETROL.
THE COMPANY FROM WHOM MR. A PURCHASES PETROL, USED TRUCK OF MR . A TO PROVIDE SERVICE OF TRANSPORTATION OF PETROL TO THIRD PARTY AND RAISE INVOICE IN THE NAME OF COMPANY AND REIMBURSED SOME MONEY TO MR . A
SINCE MR. A RECIVED MONEY FROM THE COMPANY , IS HE LIABLE FOR PAYMENT OF GST ? IF YES UNDER RCM OR FCM ?
18 February 2023
company make sales invoice to third party ( petrol + delivery charges ) and paid VAT on it - correct . Q.) now we as a owner of truck for giving our truck (transport services) to company to make delivery of goods, are liable for payment for GST ? in my point since the company is registered under GST has to pay GST . for using our truck on the basis of RCM. whether my point of view is correct ?
CAclubindia
