Reverse Charge on Transport
Query (Issue) Started By: – Rohit Bhura Dated:- 4-7-2017 Last Reply Date:- 16-7-2017 Goods and Services Tax – GST
Got 6 Replies
GST
In case of Transport the Gst is payable by Consignee under reverse Charge. Would the Consignee deduct the GST amount while making the payment or it will paidby his own pocket.
\nEg.
\nIf a Transport has issued me a Consignment Note for a freight of 50,000 then should i pay him 50,000 and pay 2500 GST on my own or should i pay him 47500 and deposit remaining 2500 to government.
\nReply By KASTURI SETHI:
\nThe Reply:
\n100% liability is upon Service Receiver. Service Receiver will pay GST on full amount of freight. You cannot treat amount of freight cum-tax. You can pay and tak<\/p>\n
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