RCM on freight charges
suresh (Accounts executive) (108 Points)
21 December 2018plz explain RCM on freight charges?
ANIMESH CHOWDHARY
(Practicing CA)
(305 Points)
Replied 21 December 2018
If transporter is GTA, then the Registered Person who avails the services of GTA has to pay 5% on total freight amount in cash only.After Payment of GST, you can avail ITC of the same.
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