a registered dealer trading in exempted goods like cattle feed
does he is liable to pay gst under rcm on frieght paid on purchase of exempted goods
12 Replies
SAGAR FUTELA
(6 Points)
Replied 04 October 2020
No he is not liable to pay RCM on frieght paid on purchasing of exempted good as tax on GTA service for agriculture produce is exempt
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 04 October 2020
Yes, GST RCM is applicable .....
LALIT GOLACHHA
(CA Job)
(55 Points)
Replied 04 October 2020
Cattle feed is not a agriculture produce
Ajay Kumar
(Account Supervisor)
(129 Points)
Replied 04 October 2020
Yes if you are availing service from gta than rcm applied. in case of individual transporter no need for rcm.
LALIT GOLACHHA
(CA Job)
(55 Points)
Replied 04 October 2020
We are paying amount of frieght to truck driver
Ajay Kumar
(Account Supervisor)
(129 Points)
Replied 04 October 2020
It is ok but if is issuing consignment notes then rcm will be applicable.
LALIT GOLACHHA
(CA Job)
(55 Points)
Replied 04 October 2020
Obviously with out billty how can he carriage a goods
SAGAR FUTELA
(6 Points)
Replied 04 October 2020
If GTA is registered and the recipient is also registered then recipient of service under the exempt category such as company registered in company act etc is liable to pay tax on RCM
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