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TMI BlogRCM - Freight paid by a registered GTA to another GTAX X X X Extracts X X X X X X X X Extracts X X X X ..... RCM - Freight paid by a registered GTA to another GTA X X X X Extracts X X X X X X X X Extracts X X X X ..... ear Experts, Freight paid by a registered GTA (on behalf of customers) to another GTA and that amount will be collected along with service charges from their customers by charging GST @12%. TDS under ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... section 194C of Income Tax is not applicable on freight paid if the GTAs having less than ten vehicles during the year. Kindly clarify, whether RCM is applicable to a registered GTA for the above fr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eight. Thanks. Reply By KASTURI SETHI: The Reply: A person who actually bears the freight will come under RCM. This was also the legal position in pre-GST era. GTA mechanism remains the same. Rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly By KASTURI SETHI: The Reply: In continuation to my reply, I mean to say either consignor or consignee. Reply By gvenugopal g: The Reply: Dear Sir, Thank you very much for your replies. In our c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ase the Consignee is unregistered GTA and Consignor is a corporate entity, and we are the registered GTA clears the consignment on behalf of Consignor. Kindly let us know the rate of GST under RCM if ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... freight will be paid by us or by the service receiver. Reply By KASTURI SETHI: The Reply: Your firm is working for and on behalf of corporate body. The corporate body will bear freight. So FCM is ap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... plicable. X X X X Extracts X X X X X X X X Extracts X X X X
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