TRADER takes service of transporter whose RC BOOK AND PAN NUMBER AND BANK ACCOUNT DETAILS ARE AVAILABLE. Transporter transports the goods on behalf of trader WITHOUT PROVIDING ANY CONSIGNMENT NOTE to the trader.
Trader is confused whether RCM is applicable on such kind of transportation charges paid directly to LORRY OWNER when no consignment note has been issued.
kindly guide whether the RCM is attracted on such kind of transportation charges ..
Reverse Charge Mechanism not applicable for exempt goods transport without consignment note, direct service from owner clarified. A trader inquires about the applicability of Reverse Charge Mechanism (RCM) on transportation charges for exempt goods when no consignment note is issued by the transporter. The transporter provides services directly to the trader with available documentation such as RC book, PAN number, and bank account details. Respondents clarify that RCM is not applicable in this scenario if the transport service is provided directly by the owner without issuing a consignment note. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
