Urgent
This query is : Resolved
04 October 2017
DEAR ALL FRIENDS, OUR COMPANY IS REGISTERED IN GST (NAME A ) ,
WE PROVIDE SERVICE TO RD (NAME B), BUT TAKE SERVICE FROM URD (NAME C) .
WE PAY GST UNDER RC DUE TO TAKE SERVICE FROM URD (C)
BUT WE HAVE NO GST LIABILITY OUTWARD DUE TO TRANSPORT SERVICE IS SUBJECT TO REVERSE CHARGE AND GST PAID BY SERVICE RECEIVER (B) .
SO WE CAN NOT ADJUST OUR GST AGAINST OUTWARD DUE TO NO LIABILITY ,
HOW CAN REFUND AND TAKE BACK GST WHICH IS PAID BY US FOR SERVICE RECEIVE FROM URD (C)
KINDLY PLZ ....PLZ.. TELL WE NEED TO PAY GST UNDER RCM I
WE PROVIDE SERVICE TO RD (NAME B), BUT TAKE SERVICE FROM URD (NAME C) .
WE PAY GST UNDER RC DUE TO TAKE SERVICE FROM URD (C)
BUT WE HAVE NO GST LIABILITY OUTWARD DUE TO TRANSPORT SERVICE IS SUBJECT TO REVERSE CHARGE AND GST PAID BY SERVICE RECEIVER (B) .
SO WE CAN NOT ADJUST OUR GST AGAINST OUTWARD DUE TO NO LIABILITY ,
HOW CAN REFUND AND TAKE BACK GST WHICH IS PAID BY US FOR SERVICE RECEIVE FROM URD (C)
KINDLY PLZ ....PLZ.. TELL WE NEED TO PAY GST UNDER RCM I
04 October 2017
You cannot take a refund out of the tax paid on RCM.
04 October 2017
you are NOT entitled for REFFUND. What you can do is be on the look out for RD say D from whom you can take service. If well negotiated, you may save on purchase/service cost
04 October 2017
THANKS YOU REPLY
AS YOU SAYS THAT I AM NOT AVAIL FOR REFUND PAID FOR URD INWARD
SIR , PLEASE TELL ME ANY OPTION TO AVOID THIS LOSS , SOMEBODY TELL ME YOU CAN MOTOR TRUCK ON HIRE BASIS AND USE FOR YOUR GTA SERVICE.
THAN YOU NOT NEED TO PAY GST AGAINST INWARD FROM URD ,
IF YOU ARE AGREE ABOVE TRICK , KINDLY SAY YOUR OPINION AND TELL ME THE HEAD , NOTICFICATION ,GROUP IN WHICH SAY ABOVE SAID STATE
THANKS
PLZ GIVE ME REPLY
AS YOU SAYS THAT I AM NOT AVAIL FOR REFUND PAID FOR URD INWARD
SIR , PLEASE TELL ME ANY OPTION TO AVOID THIS LOSS , SOMEBODY TELL ME YOU CAN MOTOR TRUCK ON HIRE BASIS AND USE FOR YOUR GTA SERVICE.
THAN YOU NOT NEED TO PAY GST AGAINST INWARD FROM URD ,
IF YOU ARE AGREE ABOVE TRICK , KINDLY SAY YOUR OPINION AND TELL ME THE HEAD , NOTICFICATION ,GROUP IN WHICH SAY ABOVE SAID STATE
THANKS
PLZ GIVE ME REPLY
04 October 2017
you can deal with RD....
05 October 2017
Sir
it is not possible to take whole inward service from RD
I am not understand what mean of you state (What you can do is be on the look out for RD say D from whom you can take service. If well negotiated, you may save on purchase/service cost)
kindly reply , you can use Hindi language also
it is not possible to take whole inward service from RD
I am not understand what mean of you state (What you can do is be on the look out for RD say D from whom you can take service. If well negotiated, you may save on purchase/service cost)
kindly reply , you can use Hindi language also
05 October 2017
I am sorry, although I am very much proud of my national language, the fact is that my Hindi is very weak. So let me continue answering in English. (Of course, I know, even my English is not good...but slightly better than Hindi)
See, my point is in today's competitive world, people are ready to extend service. There are umpteen number of instances, where a non registered GST person, gets lower price from the registered one. I can see this in the cases of my clients. e.g. the same product if supplied by RD...the rate given is 20 + GST. But if it is supplied by URD...the rate given is 20 -GST....Can you believe that?
Another client of mine who is transport operator (heavy and bulk carriers)...For last about 10 years his rate is same.... in spite of variation in the fuel prices.....
So my point is that you can very well catch / find out a person who either is RD OR ready to bear the GST if URD.....Think over it....
See, my point is in today's competitive world, people are ready to extend service. There are umpteen number of instances, where a non registered GST person, gets lower price from the registered one. I can see this in the cases of my clients. e.g. the same product if supplied by RD...the rate given is 20 + GST. But if it is supplied by URD...the rate given is 20 -GST....Can you believe that?
Another client of mine who is transport operator (heavy and bulk carriers)...For last about 10 years his rate is same.... in spite of variation in the fuel prices.....
So my point is that you can very well catch / find out a person who either is RD OR ready to bear the GST if URD.....Think over it....
05 October 2017
Thanks for your reply
but I want to know only that
1. we are GTA (RD)
2. We Provide GTA Service to another firm (RD )
3. As per GST rules GTS payable by service receiver (RD Firm )
4. We receive same service from URD
5. As per GST rules ,if RD purchase from URD , that GST should be pay by RD ( under RCM)
6. There is no our outward GST liability (as above point no 3.)
7. We have pay GST under RCM on inward from URD (as above point no 5.)
Sir my Quarry is that:
1. IS This GST ( Paid as above point no 7) our Expenses.
2 Can we Get refund This GST ( Paid as above point no 7) due to no outward GST liability (as Above Point 3.)
3 Can we avoid this liability.
4 is there any another option as you know
Kindly please must be reply
thanks in advance
but I want to know only that
1. we are GTA (RD)
2. We Provide GTA Service to another firm (RD )
3. As per GST rules GTS payable by service receiver (RD Firm )
4. We receive same service from URD
5. As per GST rules ,if RD purchase from URD , that GST should be pay by RD ( under RCM)
6. There is no our outward GST liability (as above point no 3.)
7. We have pay GST under RCM on inward from URD (as above point no 5.)
Sir my Quarry is that:
1. IS This GST ( Paid as above point no 7) our Expenses.
2 Can we Get refund This GST ( Paid as above point no 7) due to no outward GST liability (as Above Point 3.)
3 Can we avoid this liability.
4 is there any another option as you know
Kindly please must be reply
thanks in advance
06 October 2017
You can NOT get refund.
It shall be your expenses.
It shall be your expenses.
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
