My client is trading in EXEMPT goods. The transportation charges are paid to TRANSPORTER directly and many a times to the GTA who is arranging the Trucks. But in all cases the TRANSPORT vehicle papers copy, PAN details of owner of truck, drivers driving licence . and declaration from owner of less than 10 trucks, is supplied to us by the GTA / transporter.
Would like to know, the Status of RCM paid on supply of those EXEMPT goods.??
whether leviable though no consignment note is given by GTA or TRANSPORTER and payment directly credited in either the GTA bank account for onward payment to transporter or else directly in the Truck owner account....
Is Reverse Charge Mechanism applicable on transport of exempt goods without a consignment note? GST implications explained. A client dealing in exempt goods is questioning the applicability of Reverse Charge Mechanism (RCM) on transportation charges when no consignment note is issued by the Goods Transport Agency (GTA) or transporter. The client pays transportation charges directly to the GTA or truck owner, who provides vehicle papers and driver details, but not a consignment note. Responses highlight that exempt goods have no direct link to GTA services, and the taxability depends on who bears the transportation cost. If the vehicle owner provides services directly, GST may be exempt, but if GTA is involved, GST is payable. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
