Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

Rcm on freight charges

16 October 2017

RCM for freight charges discontinued till March 2018 ? or we had to pay. Can we get ITC for freight charges RCM paid for August in September. pl clarify. thanks.

Reply
Follow
Share

4 Replies

ARS BHARATHI (Executive in gst department) (274 Points)
Replied 16 October 2017

it is suspended from 12th October only hence you have to pay for August and eligible fot itc

Upgrade to CAclubindia Pro. Subscribe Now!

Santhosh Kumar K C (Asst.Accounts Manager) (144 Points)
Replied 16 October 2017

Rcm under sec 9(4) (ie. purchase from un registered dealer) only suspended. We required to pay RCM on freight, advocate fee, Director remunaration etc which is falling under sec 9(3).