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transporter query

07 September 2017

if transporter is register on gst and he never charge gst on builty so he can take input tax credit and rcm applicable for him and he can take itc on rcm?

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8 Replies

Harshad S Gholap (Auditor) (116 Points)
Replied 08 September 2017

mr prakash if transporter not charge any gst in his bill, then he is not eligible for any input tax credit.
also the the service recepeint is liable for gst under RCM on tranport charges above RS. 750/-and avail credit of tax payment as ITC in next month...
i hope u r doubt is clear.

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Prakash Chauhan (172 Points)
Replied 08 September 2017

if transporter charge 5% so what is effect and 18% for what is effect

Enosh B (IPCC) (50 Points)
Replied 08 September 2017

750 is the limit , can i know where it is mentioned in ACT

Chhatra Singh Dugar (1464 Points)
Replied 08 September 2017

Even a transporter is registered in GST he is exempted to collect GST from registered recipient of goods. Instead recipient is supposed to pay GST on freight on RCM basis.
If recipient is urd then transporter has to charge GST in consignment.