MY CLIENT TELL ME TO SHOW MORE TRANSPORT CHARGER OF 2400000/- EXPENSES
IN PROFIT AND LOSS ACCOUNT
I TOLD U SHOULD PAY GST FOR IT.
WHAT THE GST RATE FOR GT
A RCM
Menu
GST RATE FOR GTA
Replies (2)
if he wishes to claim input of the gst (paid under rcm)then the rate vl be 12 %
if he is not wishing to claim gst input then 5% rate is applicable...
if he is not wishing to claim gst input then 5% rate is applicable...
@ Kalyan N.,
If He booked the Transport Charges as GTA then RCM applicable...
If it's from Other than GTA then no need to pay GST Tax under RCM basis...
If He booked the Transport Charges as GTA then RCM applicable...
If it's from Other than GTA then no need to pay GST Tax under RCM basis...
Recent Threads
- Registration as deductor on traces site
- Rental Income from a Joint Holding property
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
- Tds penalty for in operative pans
Related Threads
CAclubindia
