Reverse charge on transportation

Page no : 2

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 15 May 2018

Helloooooo Mr. Naga Raju., Are you replied to this query or any other query and replied wrongly here....??!!!

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 15 May 2018

Helloooooo Mr. Naga Raju., Your view only to Transporter. Not to service recipient.... Consider your reply once again.

Naga Raju (30 Points)
Replied 15 May 2018

yep mr.raja service recepient shuld pay under RCM.... @ 5%

harsh (Business) (105 Points)
Replied 15 May 2018

I still don't get services by way of transportation is exempted...?? What does it mean...?? Some are saying if you collect freight charges then it is exempt.. How to report it in gstr1 and 3b then.? Suppose I sell item worth 1lakh and 5% Gst is 5,000 and and then i need to charge friehht of 10,000.. total bill is 1L+5k+10k= 1.25L.... is is right.. how it will be reported.?

harsh (Business) (105 Points)
Replied 15 May 2018

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 15 May 2018

@ Mr Harsh., If you are charge the freight in Your invoice then GST will be charge in the freight and the rate is based on Your principal supply...

1 Like

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 15 May 2018

Then you ll prepare invoice as 1L + 10k (freight) = 1.10L (x) 5% = 115500/-

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 15 May 2018

Total Invoice value Rs 115,500....

Krishna Sharma (MBA) (38 Points)
Replied 10 March 2019

i am having transport bill of company of Rs 10000 and rto has charged Rs 10000 rto receipt of Rs 10000 is there so total freight bill comes to Rs 20000

i am paying gst @ 5% on Rs 20000 under reverse charge and deducting tds @ 2% on Rs 10000

is it right