GST when goods are Supplied with in India on FOR (Materiel + Freight) Basis
Query (Issue) Started By: – Rohit Bhura Dated:- 27-6-2017 Last Reply Date:- 10-7-2017 Goods and Services Tax – GST
Got 6 Replies
GST
We supply goods to Various Industries in India. In Some Case Even the Freight is paid by us (Consigner) to GTA i.e. Transport Company/Truck Owners and all Consignees are Pvt Ltd / Ltd. Consignee Release the Material & Freight directly to our bank Account.
Now who will pay GST on Freight & how should we invoice for our Material.
what is the Consignee is Located in J&K
Rohit Bhura
Reply By KASTURI SETHI:
The Reply:
GST on freight will be paid by consignee under RCM.Show freight separately in the invoice . Regarding the lo
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We will pay 10,000 to Transporter/Truck Owner and 500/- to Government as GST on Freight paid to GTA.
Is my understanding correct?
For J&K it would be same, but as GST has not applied so, if freight is on to pay basis we will not add it in invoice and Transporter will collect 10,500 and it would be his his responsibility to deposit ₹ 500 GST.
Is this also correct.
Thanks In adv.
Reply By Rohit Bhura:
The Reply:
What if a GTA is not involved in the transaction i.e. we directly contact a truck owner for supplying the good and the freight is paid by us or the Consignee is from J&K. So does it still come under GST?
Reply By Rohit Bhura:
The Reply:
Would we get input for the GST paid on freight inward & Freight outward under RCM.
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