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RCM ON TRANSPORTATION CHRGS

17 July 2021

sir, I am a Trader. I had supplied to a manufacturer (Inter State Sales) with delivery cost(Incl TPT CHRGS). I have paid freight CHRGS to the lorry owners. Now, how can I show the freight CHRGS in GST returns. can I pay through RCM and take ITC.

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6 Replies

CMA Poornima Madhava (CMA) (13112 Points)
Replied 17 July 2021

Gst on RCM would apply only if such transporter is a GTA and if they issue consignment note. If you have not received consignment note, GST is exempt. Disclose under exempt category in the return as well.

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Balamurali Unnithan MS (STUDENT) (1631 Points)
Replied 17 July 2021

Mam, How shown in exempt?

The service is received from an unregistered dealer.

In my, opinion no need to mention it.

you entered in your books of accounts as an expense.

CMA Poornima Madhava (CMA) (13112 Points)
Replied 17 July 2021

@ balamurali

If exempt services are not to be mentioned, then what for is the table related to exempt, Nil rated etc supplies in the return form?

Balamurali Unnithan MS (STUDENT) (1631 Points)
Replied 17 July 2021

Poornima Ji,

It's for mentioning exempt /Nil rated /Non-GST Supplies from the registered dealers.

I wish you understand.

CMA Poornima Madhava (CMA) (13112 Points)
Replied 17 July 2021

Read table 5 of GSTR3B to know more.

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Imthias ahamed Kormath (910 Points)
Replied 17 July 2021

The trader issued an invoice with
taxable value+gst
lorry fright + gst
Insurance+ gst(if it do by him)

Lorry transporter issue an lr receipt
Insurance company issue a service provider receipt.

Manufacturer will b pay all amount in t
the invoice.
It treat as an expense by trader.
Gst will be excluded in the return.u note taxable value only.