RCM in transport
vikram kerekar (1244 Points)
20 August 2020
how much rcm in transportation will be paid and ITC set-off taken.pls gaid me
2 Replies
Gaurav Dixit
(124 Points)
Replied 20 August 2020
GTA services attracts RCM under section 9 (3) @ of 5 %. And u can avail the same amount credit.
Taha
(T)
(405 Points)
Replied 24 August 2020
If gta is availing credit then pay tax at 12% if no credit is availed pay tax @ 5%
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