GTA reverse charge limit
Vishnu Das (145 Points)
21 January 2019
Is there any limit for reverse charge on GTA...
9 Replies
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 21 January 2019
yes its 1500/- & 750/-
No RCM if :
1.goods, where consideration charged for the transportation of goods on a consignment transported in a single carriage does not exceed Rs. 1,500
2. goods, where consideration charged for transportation of all such goods for a single consignee does not exceed Rs. 750
No RCM if :
1.goods, where consideration charged for the transportation of goods on a consignment transported in a single carriage does not exceed Rs. 1,500
2. goods, where consideration charged for transportation of all such goods for a single consignee does not exceed Rs. 750
Mukesh Babu
(IPCC Student)
(236 Points)
Replied 13 November 2019
I have confused on the 2nd scenario
what does it means transportation of all such goods for a single consignee? please give example
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 22 November 2019
refer notification 12/2017 CT (R)
CA Pranav Mishra
(241 Points)
Replied 22 November 2019
Where the amount consideration charged for transportation exceeds the limit of Rs. 1500/Rs.750 as the case may be then liable to pay RCM
The rate of tax on such GTA Services under RCM basis would be 5%.
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