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Freight under RCM

29 January 2022

Respected Experts, My One client is engaged in the trading of Soyabean & Wheat and also paid the freight on transportation of the same. Pls tell us RCM will be applicable on it or not...

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5 Replies

Diwanshu Darjee (15 Points)
Replied 29 January 2022

Yes ,rcm is applicable and also you can't take credit of this rcm

2 Like

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CA Aakarsh Jain (CA) (10318 Points)
Replied 29 January 2022

Agreed with diwanshu

Nidhi (Chief Accountant) (3150 Points)
Replied 29 January 2022

RCM is applicable

1 Like

CA Altamush Zafar (GST Consultant) (15961 Points)
Replied 29 January 2022

I am assuming soyabean is an agricultural produce and wheat is agricultural produce. GST is exempt on transportation of agricultural produce therefore no RCM.

Rest to all the other people replying to the query kindly read GST law and then reply otherwise don't reply. It creates unnecessary confusion in the mind of the querist.

2 Like