My invoice details -
Goods 100000
Freight 5000
Total. 105000
Gst @ 12% - 12600
Total - 117600
Since GST is being charged on freight in invoice , now am i supposed to again pay the RCM ??
Explain.
8 Replies
Rahul Sharma
(-)
(28 Points)
Replied 17 September 2017
You are liable to pay gst on freight on rcm only if you are a casual taxable person or a business entity
Rahul Sharma
(-)
(28 Points)
Replied 17 September 2017
since u hv charged gst on freight under normal charge so you are not liable to pay it again on reverse charge
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 17 September 2017
No....
No need. It's also your outward supplies and it's also taxable.
You ll be calculate it's your liability....
No need. It's also your outward supplies and it's also taxable.
You ll be calculate it's your liability....
Rahul Sharma
(-)
(28 Points)
Replied 17 September 2017
have you transported your goods through your own vehicle or you have availed the services of gta?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 17 September 2017
Hello...
He is add in invoice. No more questions for other ways.
He is add in invoice. No more questions for other ways.
chandra
(director)
(62 Points)
Replied 17 September 2017
not own vehicle, but as per definition of gta, its not even a gta. as i dont have any consignment note from the transporter
chandra
(director)
(62 Points)
Replied 17 September 2017
not own vehicle, but as per definition of gta, its not even a gta. as i dont have any consignment note from the transporter
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 17 September 2017
Dear Chandra.,
Don't confused and mix the transport to delivery. Bcoz, you ll charge it in your invoice and pay after your transporter....
It's just your invoice based liability. You charged freight amount in invoice and also get payment from customers.
You deal as per sales related...
Don't confused and mix the transport to delivery. Bcoz, you ll charge it in your invoice and pay after your transporter....
It's just your invoice based liability. You charged freight amount in invoice and also get payment from customers.
You deal as per sales related...
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