Tax Management India. Com
                        Law and Practice: A Digital eBook ...

Category of Documents

Latest Case Laws

TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Manuals SMS News Articles
Highlights
D. Forum
What's New

Share:      

        Home        
 
Discussions Forum
Home Forum Goods and Services Tax - GST This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

RCM-Applicability to a Trader, Goods and Services Tax - GST

Issue Id: - 114491
Dated: 14-1-2019
By:- swamynathan pitchai
RCM-Applicability to a Trader

  • Contents

Dear sir

A is the manufacturer at GJ.

B is the End user at TN ordered a product X on A.

B intend to transport X from A's place at GJ to B's project site at MH.

Trading firm C (Only GST registered - sole proprietorship firm) @ KA intend to take this order from B. Since C does not have vehicles C wants to utilise the service of GTA. Hence C introduces a GTA D and offload the order. C is the authorised agent of D to promote their business formally entered an agreement.

C receives the order from B and offload to D

D will raise the bill to C and C will raise the bill to B.

Waybill would be issued to D by A & B & Consignment not would be issued by D

Opinion from the experts needed how this transaction could be made through . who has to charge GST? if so what would be the %

Thanks for support

Post Reply

Posts / Replies

Showing Replies 1 to 2 of 2 Records

1 Dated: 14-1-2019
By:- KASTURI SETHI

Who bears the freight expenses on account of transportation of goods by road, will pay GST under RCM, if GTA is not under FCM.

A is consignor. B is ultimately consignee. C is working for and on behalf of B. C is also agent of D (GTA). C is intermediary.Freight on account of transportation of goods is borne by B. Actually, D has transported the goods belonging to B to the project site in Maharashtra.

Inter-State supply is involved for the supply of goods and services (transportation of goods by road i.e. (GTA) both

1. IGST is applicable for supply of goods and services.

2. Since ultimately freight is borne by B, being, de facto buyer of x product from A, B will pay IGST @ 5% under RCM.

This is my view.


2 Dated: 14-1-2019
By:- swamynathan pitchai

Dear KM sir

Thanks for your reply. in such case what will be the billing of C & D?

Both are registered under GST. Whether both have to claim 5% in their billing ?


1

Post Reply

← Previous Next →

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Blog || Site Map - Recent || Site Map ||