We are manufcturing industry. In GST regime we have to raise Invoice on freight inward and outwrd on RCM basis?
Please confirm.
Sumanth Kumar G (Asst. Manager) (58 Points)
01 August 2017We are manufcturing industry. In GST regime we have to raise Invoice on freight inward and outwrd on RCM basis?
Please confirm.
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 01 August 2017
Shashikant Varshney
(Chartered Accountant)
(763 Points)
Replied 01 August 2017
If you are paying the Frieght. Then you need to generate invoice under RCM.
sunil kumar
(accountant)
(30 Points)
Replied 01 August 2017
We are taking Various consultancy Service for (Techincal and Non Technical) and we are paying through Cheques and deducting TDS on bills.
The consultancy service is more than 12000/- is Reverse Charge Mechanism applies for the same.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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