TAX PAID UNDER RCM IS ELIGIBLE FOR ITC. HOWEVER , THE SELF - INVOICEING IS ESSENTIAL FOR RECORD AND COMPLIANCE PURPOSES .
YES, ELIGIBLE FOR ITC
we are transport contractor to Godrej,hindustan lever,britania industries,etc all are registred corporates, so we are billing only for Freight contract amount. for E.g. chennai to delhil Rs.75000/= freight we make Rs.75000/= only and Ther corporates will pay 5% Under RCM. WE ARE GTA. We are no liability to pay gst.
SO, how can we file GSTR1 FROM JULY-2017 TO TILL NOW. KINDLY EXPLAIN.
in 4b can i tick supply attract reverse charge and 0% colom i put the amount or 5% coloum tell me
WE ARE GTA BUT REGISTERED CORPORATES PAID 5% OR 12% WITH ITC WHICH I DON'T KNOW. THEN CAN I PUT 0% I.E. EXPEMPT COLOUM.
we are cement dealer we paid freight charges to lorry for taking cement from SUPPLIERS GODOWN TO OUR SHOP. IS GST APPLICABLE.
ALSO IF WE PAID FREIGHT TO URP WHAT % GST APPLICABLE
IF WE PAID GSTIN HOLDER WHAT % GST APPLICABLE
CAclubindia
