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ITC On Rail freight

nitesh (ARTICLE) (201 Points)

23 April 2018

Whether GST credit is available on the rail freight paid by transporter @ 5%. and if available to what extent available because in Gta RCM is applicable.

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10 Replies

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 24 April 2018

Yes available.....

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Mondira Saha (GST) (3925 Points)
Replied 23 April 2018

yes you can claim ... its depend on transporter if he raise builty with tax you can claim it ...

nitesh (ARTICLE) (201 Points)
Replied 04 May 2018

Are u sure madam? and if he is not raising builty then what to do.please advise me

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 05 May 2018

Yes if you pay tax on freight on RCM then ITC available....

If no builty raise then same is exempted.....

nitesh (ARTICLE) (201 Points)
Replied 05 May 2018

no madam we are paying freight to railway so we are paying GST and WE are goods transport agency so we are raising builty but on that RCM is applicable so can we collect GST from on that RCM and claim credit on that

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CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 05 May 2018

No you can't.

CA abhishek jha (CA) (171 Points)
Replied 10 December 2018

one of my clent paid railway as freight as 49,30,587/- and gst is there on 43,785.44/-(5%)

So now ITC is avilable or not

Mondira Saha (GST) (3925 Points)
Replied 10 December 2018

yes you can claim ITC

nitesh (ARTICLE) (201 Points)
Replied 10 December 2018

no you can't claim as you are transporter

PALANIAPPAN (ASST.MANAGER) (36 Points)
Replied 17 June 2020

One of my client paying Railway freight charges along with GST of 5%. GST who is sending the material. who has to take the credit on Railway Reciept. either sender or receiver who is receiving goods