purchase exempt item 15000
frieght include 1500
total invoice value 16500
we are liagble for rcm if purchase item is exempt nd also buyer also registerbin gst
7 Replies
Balamurali Unnithan MS
(STUDENT)
(1631 Points)
Replied 03 January 2021
If item is exempt , then no tax effects ..
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 03 January 2021
No....
As in term of Notification 9/2017 IGST (r) , GTA services are Exempted on supply of (a)griculture produced
(b) milk, salt and food grain including flour, pulses and rice;
c) organic manure;
(d) newspaper or magazines registered with the Registrar of Newspapers;
(e)relief materials meant for victims of natural or man-made disasters, calamities, accidents or mishap; or
(h) defence or military equipments.
Hence When GTA services is provided in related to carrying goods above mentioned , the RCM is not applicable.
Note : RCM is applicable on services of GTA .
hence only when GTA services are Exempted then only RCM is not required.
As in term of Notification 9/2017 IGST (r) , GTA services are Exempted on supply of (a)griculture produced
(b) milk, salt and food grain including flour, pulses and rice;
c) organic manure;
(d) newspaper or magazines registered with the Registrar of Newspapers;
(e)relief materials meant for victims of natural or man-made disasters, calamities, accidents or mishap; or
(h) defence or military equipments.
Hence When GTA services is provided in related to carrying goods above mentioned , the RCM is not applicable.
Note : RCM is applicable on services of GTA .
hence only when GTA services are Exempted then only RCM is not required.
Sumit Shukla
(378 Points)
Replied 03 January 2021
Its a composite supply thus no need to pay GST on freight assuming that the whole price including freight was paid to Supplier
Sumit Shukla
(378 Points)
Replied 03 January 2021
Matlab exempt supply ka hi part hey aapne pura paisa supplier ko diya hey including freight koi alag se freight ka service nahi liya hey....toh exempt hey yeh service
Hope I am clear. Example of composite supply under cgst sec 8 karke search karo you will get it
Hope I am clear. Example of composite supply under cgst sec 8 karke search karo you will get it
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