Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178226 Points)
Replied 06 July 2017
1. Unregistered dealer selling to a registered dealer
In such a case, the registered dealer has to pay GST on the supply.
2. Services through an e-commerce operator
If an e-commerce operator supplies services then reverse charge will apply on the e-commerce operator. He will be liable to pay GST.
3. CBEC has issued a list of services on which reverse charge is applicable
The rates under RCM is same as that applicable under forward charge over the supply.
Also refer: https://tax guru.in/goods-and-service-tax/reverse-charge-gst.H T M L
Manoj
(accountant)
(55 Points)
Replied 07 July 2017
Dear Dhirajlalji,
please guide me for following.
I have a another query for service tax under RCM
i have paid the service tax under RCM of ocean freight which is charged by foreign exporter.
foreign exporter charged 50 usd freight bill.
i calculated 50 x 65.35 (exchange rate) = 3268
3268*70% =980
ser.tax 14%=137
kkcess0.5%=5
sb cess 0.5%=5
i have paid 147
now how to accounted/treated in account tally softwar
CAclubindia
