Machinery Material rec'd from other state(Maharashtra) and transporter also registered in Same state but Material delivered in Madhya Pradesh.
Please let me know what (party of mp)gst @ 5% payable on rcm in IGST or CGST AND SGST
4 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 08 July 2018
RCM @ 5% on freight will payable in IGST.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 08 July 2018
Yes it's IGST 5% , if GTA is Registered the POS will GTA place
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 15 October 2018
NO YOU CANNOT ... YOU CAN CLAIM ITC ONLY FOR THE RCM DEPOSITED BY YOU
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