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Rcm

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02 August 2017 Dear Sir/mam

I am normal trader and purchasing goods from inter state and in purchase transportation of goods is there so how would i collect the GST and how the RCM method is apply ..

Suppose for example :-

transporter charged 20000/- as freight so what is the amount of tax and how it is calculated in RCM method ????

02 August 2017 apply 5% on transport charges ie 2.5% for SGST AND 2.5% FOR CGST and remit the tax you can take input credit of the same

02 August 2017 what will be the journal entries




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