RCM applicability on transportation charges paid
This query is : Resolved
16 March 2020
Mr A is engaged in transporting goods by road transport by his own Lorries.He is also engaging others Lorries for the same. Mr A is GST Registered dealer. Does Mr A have to pay RCM on the transportation charges paid by him to other Lorry owners. If yes, is it @5% RCM?
16 March 2020
Mr. A is a registered dealer ( receiving services from GTA ( Other lorry owners are issuing consignment note) - he needs to pay GST @ 5% under RCM.
In case, he himself is GTA ( engaged in transporting goods & issuing consignment Note ) Exempted from GST
GTA to GTA services are exempted
In case, he himself is GTA ( engaged in transporting goods & issuing consignment Note ) Exempted from GST
GTA to GTA services are exempted
Message likes :
1 times
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
