Goods and Services Tax – Started By: – Jitin B – Dated:- 23-2-2018 Last Replied Date:- 7-3-2018 – 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. 13/2017- Central Tax (Rate) dated 28.06.2017 as amended c
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are required to pay 5% under RCM – Reply By Jitin B – The Reply = @@Rajagopalan RanganathanDear sir,As per notificationIf 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 charge any tax on invoice then the specified recipient is liab
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