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TMI BlogRCM ON FREIGHTX X X X Extracts X X X X X X X X Extracts X X X X ..... RCM ON FREIGHT X X X X Extracts X X X X X X X X Extracts X X X X ..... ND PAID FREIGHT. WHEATHER I AM LIABLE TO PAY GST UNDER RCM @ 5% ON PAYMENT OF FREIGHT. THE COMMODITY IS TAX FREE. Reply By Ganeshan Kalyani: The Reply: GST is payable on the freight amount paid by y ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ou. Reply By PAWANKUMAR GARG: The Reply: SIR, CAN WE CLAIM TAX PAID ON FREIGHT AS ITC Reply By Susheel Gupta: The Reply: ITC of freight is allowed Regards CA Susheel Gupta 8510081001, 98110044 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 43 Reply By Ganeshan Kalyani: The Reply: Yes , you can take credit of the tax paid in the same month . Reply By Ganeshan Kalyani: The Reply: Subject to the condition that final product is taxable. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... As you said you are dealing in poultry feed which is exempt in GST input tax credit of the GST paid on GTA is not eligible. Reply By Ganeshan Kalyani: The Reply: Poultry feed falls under HSN 2309. ..... X X X X Extracts X X X X X X X X Extracts X X X X .....
Reply By kollengode venkitaraman:
The Reply:
YOU ARE LIABLE TO PAY GST ON RCM ONLY IF FREIGHT IS PAID TO GTA. IF THE TRANSPORTER IS NOT A GTA, THERE IS NO LIABILITY TO PAY GST ON RCM X X X X Extracts X X X X X X X X Extracts X X X X ..... Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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