Ad-Free CAclubindia and Daily Updates on your mobile. Subscribe Now!

Reverse charge on Goods Transport Agency under GST

Neetesh Jain (11 Points)

20 August 2017

what is the reverse charge mechanism on Goods Transport
Agency under GST

Reply
Follow
Share

3 Replies

piyush gupta (student) (121 Points)
Replied 20 August 2017

you have to pay tax on amount of transport service under reverse charge mechanism

Upgrade to CAclubindia Pro. Subscribe Now!

Aditya Somani (3 Points)
Replied 21 August 2017

reverse charge mechanism or RCM is payment of tax (GST) under reverse charge. Under RCM the service recivier has to pay the tax instead of service provider. RCM on GTA (Goods Transport Agency) is 100%. This means that the service receiver has to pay the whole tax (GST).