VRL Logistics A transport company
Can we take the input of Invoice shown by VRL In 2A Please confirm.
6 Replies
Hardik
(Professional)
(918 Points)
Replied 22 October 2019
Depends on which option you've opted. If you're paying 12% tax on forward charge basis then you can take ITC as appearing in 2A (subject to fulfillment of conditions) or else you're not allowed to take ITC if you have opted for 5% option..
Jitender Kumar Yadav
(38 Points)
Replied 22 October 2019
Thank youand second
reverse charge payable or not?
reverse charge payable or not?
Hardik
(Professional)
(918 Points)
Replied 22 October 2019
Reverse charge tax is not payable by transporter.. It's payable by customer
Jitender Kumar Yadav
(38 Points)
Replied 23 October 2019
We are customer of VRL Logistics
in 2A Input Showing by VRL.
So can we liable for Reverse Charge.
in 2A Input Showing by VRL.
So can we liable for Reverse Charge.
Hardik
(Professional)
(918 Points)
Replied 23 October 2019
Okay,
Yes you're liable to pay 5% GST (CGST 2.5 +SGST 2.5 or IGST 5 as the case may be..) through e-cash ledger... you can't use credit ledger to pay RCM tax
Yes you're liable to pay 5% GST (CGST 2.5 +SGST 2.5 or IGST 5 as the case may be..) through e-cash ledger... you can't use credit ledger to pay RCM tax
Jitender Kumar Yadav
(38 Points)
Replied 26 October 2019
Sir,
The Input Of VRL Logistics
Showing In 2A.
So Why We deposit Reverse Charge
The Input Of VRL Logistics
Showing In 2A.
So Why We deposit Reverse Charge
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