Sir,
Freight me 5% and 12% rcm kis condition me Lagega??
if u want input thn pay 12%
if u dont want thn pay 5%
9 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 25 September 2017
I don't know Hindi....
But, assume your query is RCM...
If you are registered dealer and also GTA is registered then you ll be pay Tax under RCM basis @ 5%.... GTA can't give Tax invoice...
The recipient is URD then GTA is registered in this scenario the GTA ll be pay Tax @ 5% they can't take ITC... The same scenario GTA ll be pay Tax @ 12% then he can as ITC....
But, assume your query is RCM...
If you are registered dealer and also GTA is registered then you ll be pay Tax under RCM basis @ 5%.... GTA can't give Tax invoice...
The recipient is URD then GTA is registered in this scenario the GTA ll be pay Tax @ 5% they can't take ITC... The same scenario GTA ll be pay Tax @ 12% then he can as ITC....
Naman Gupta
(60 Points)
Replied 25 September 2017
@ RAJA P M : IF GTA and Recipients both are registered, and GTA not charged Gst in his bill, then which tax I need to pay 5% or 12%
Can I deposit 12% Gst for getting itc in such condition
Can I deposit 12% Gst for getting itc in such condition
Naman Gupta
(60 Points)
Replied 25 September 2017
If GTA is not registered but recipient is Registered then who will pay Gst, recipient or GTA, and which tax I need to pay
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 25 September 2017
Dear Naman.,
Please read this, I think you can get exact clarity....
https://cleartax.in/s/goods-transport-agency-under-gst
Please read this, I think you can get exact clarity....
https://cleartax.in/s/goods-transport-agency-under-gst
Mukesh Kumar
(Accounts Manager)
(1466 Points)
Replied 26 September 2017
FIRST CLEAR FOR WHOM YOU ASK : SERIVCE RECEIVER OR PROVIDER
Mukesh Kumar
(Accounts Manager)
(1466 Points)
Replied 29 September 2017
IF SERVICE RECEIVER IS URD THAN NO NEED PAY GST UNDER RCM
IF SERVICE RECEIVER (RD) SERVICE PROIVDE TO URD , GST PAYBLE BY SERVICE PROVIDER (RD) 5% IS NON ITC AND 12% IS ITC
IF SERVICE RECEIVER (RD) SERVICE PROIVDE TO RD , GST PAYBLE BY SERVICE RECEIVER (RD)
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