Gst on freight
Smeeta Mayenkar (6 Points)
21 July 2017
can anyone plz clarify at what percentage gst is payable on freight
7 Replies
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 21 July 2017
5% is applicable...if paid to GTA
Dinesh Chandra Vyas
(19 Points)
Replied 21 July 2017
and for private carrier, what is the rate for RCM. can we avail ITC
Smeeta Mayenkar
(6 Points)
Replied 21 July 2017
if it is at 5% ITC can be availed for both inward and outward freight ?
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 21 July 2017
Yes ITC available.....
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 21 July 2017
Yes ITC available.....
durgaprasad
(accounts executive)
(225 Points)
Replied 21 July 2017
GTA at Delhi registered under GST law and they provided servies to Registered person at Andhra pradesh for transportation of goods on road and cost of Services is Rs. morethan 5000/-. In this case, Service reciever is laible to pay the Reversal charges or not.
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 21 July 2017
Under Sec 9(3) GTA has been notified for which GST is to be paid by receipient, Irrespective of registration status of GTA. So in your case AP receiver will have to pay GST under RCM
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