rcm concept on 750/1500
TARUN DAS (170 Points)
02 May 20181500
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 02 May 2018
PUSHPA
(.)
(110 Points)
Replied 02 May 2018
If the value of Single consignment is below 1500, means Value of single consigment in a single transport does not exceed rs. 1500/-
Like u are sending goods worth rs. 20000/- in 1 go by single transport and the value of freight does not exceed rs. 1500/-
but some times Consignor send goods in multiple batches in a different vehicles(GTA trucks more than 1)
Like u are sending goods worth rs. 20000/- in 2 installment, but the total value of freight doesnt exceed rs. 750/- i.e for 1 round u gave 300 for next round u gave 400, total is 700.
I hope now it is clear !!!
Sivaraman A R
(.)
(1040 Points)
Replied 03 February 2019
I have given a query related to this in the followng link. Please provide your valuable comment
https://www.caclubindia.com/forum/gst-gta-rcm-750-1500-confusion-501853.asp
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961