We have to pay GST on reverse basis on freight paid to transporter so my query is what is the rate of Reverse Charge ? Is credit available to the service recipient on tax paid?
RCM on freight Expnses
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We have to pay GST on reverse basis on freight paid to transporter so my query is what is the rate of Reverse Charge ? Is credit available to the service recipient on tax paid?
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GST@ 5%. First pay deposit in cash and then take credit on the strength of challan.
Correct view sir
Sir, Can we avail Input credit of GST paid through RCM on Transportation or fright?
Yes. You can but also read latest changes in your interest.
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