Rcm on freight
Query (Issue) Started By: – Jitin B Dated:- 23-2-2018 Last Reply Date:- 7-3-2018 Goods and Services Tax – GST
Got 11 Replies
GST
Dear sir i have one doubt regarding RCM on frieght.as per Gst notification no.12/2017 -central tax(rate) dated 28/6/2017 (sr.no 18) transporters has two options to pay GST 5%with out input.12% with input.and it further shows that if transporter chooses 12% as per notification the specified supplier need not pay gst on RCM.it means if he chooses 5% then supplier is also required to pay under RCM.please send me reply
Reply By rajkumar shukla:
The Reply:
pl confirm whether it is notfn 11/2017 or 12/2017
Reply By Rajagopalan Ranganathan:
The Reply:
Sir,
Sl. No. 1 of Notification No. 13
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pay under RCM and if you are getting invoice then you are required to pay 5% under RCM
Reply By Jitin B:
The Reply:
@@Rajagopalan Ranganathan
Dear sir,
As per notification
If GTA opts to pay 5% on output then input is not availabletosuch GTA.And the notification also says if GTA chooses 12% on output the specified suppliers are not required to pay GST under RCM as u have said but the notification is silent about if GTA chooses 5% on output then whether the specified supplier are required to pay GST under RCM or not?
Reply By Ganeshan Kalyani:
The Reply:
if transporter charges GST on invoice either 5% or 12% then the recipient (which you have mentioned as supplier ) need not pay GST under reverse charge.
if transporter does not char
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