RCM on GTA
nagaraj (ca ipcc cwa intet student) (36 Points)
10 August 2017
i got one freight bill in that bill they mentioned "tax amount subject to reverse charge is NIL" is it possible?
2 Replies
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 10 August 2017
ON FREIGHT OF GTA RCM APPLICABLE AS PER SECTION 9
Rajkumar Sing
(55 Points)
Replied 10 August 2017
try to understand lang
he is saying uske liye tax t on freight nil hai Lekin receipient Ko RCM lag Sakta hai ya nahi sec 9(4)
if amount above 5000 then @ 5%will be borne by you
otherwise not simple
he is saying uske liye tax t on freight nil hai Lekin receipient Ko RCM lag Sakta hai ya nahi sec 9(4)
if amount above 5000 then @ 5%will be borne by you
otherwise not simple
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