Logistic vendor debit

[Bhushan Velhal]

Dear Sir,

Good Morning.

Logistic Transporter was missing of material from his custody, now we need to debit to Logistic Company Invoice Amount (Material + GST) & poor service.

Pls. suggest SAC/HSN code & percentage of GST debit to logistic vendor

Regards

Bhushan

AI Summary

Reverse charge on transporter services: buyer should adjust deductions and issue credit note when recovering loss from transporter.
If a transporter is registered and follows forward charge, the transporter should issue a credit note for deductions; if unregistered and falling under the reverse charge mechanism, the principal must raise a credit note against the RCM consignment note for the deducted amount, applying the tax treatment for goods transport agency services.