freight charges exemption limit
Ishwar Lal soni (Tax consultant) (26 Points)
19 July 2018If freight is Rs 700/- RCM will calculate or not
Ishwar Lal soni (Tax consultant) (26 Points)
19 July 2018
Deepak Gupta
(CA Student)
(15922 Points)
Replied 19 July 2018
Following are exempt:
Goods where consideration charged for the transportation of goods on a consignment transported in a single carriage does not exceed INR. 1500/-
Goods where consideration charged for transportation of all such goods for a single consignee does not exceed INR. 750/-
Notification No. 12/2017- Central Tax (Rate), dt. 28.06.17
Notification No. 9/2017-Integrated Tax (Rate), dt. 28.06.17