RCM on transport charges

[Murari Agrawal]

We have received a consignment from Faridabad to Kolkata. Freight ₹ 55000 is paid by us through Net Banking to the transporter to his bank in Faridabad. We are required to pay RCM on this. Question is whether this will be IGST or otherwise. Also, do we need to generate self invoice. Thanks

AI Summary

Clarification on GST Reverse Charge: Pay CGST and SGST on Transport Charges; Self-Invoice Needed for Unregistered Suppliers. A discussion on a forum regarding the Goods and Services Tax (GST) involved a query about paying Reverse Charge Mechanism (RCM) on transport charges for a consignment from Faridabad to Kolkata. The question was whether Integrated GST (IGST) or Central and State GST (CGST and SGST) should be paid, and if a self-invoice is necessary. Respondents clarified that under RCM, the service receiver is treated as the supplier, and thus, CGST and SGST should be paid. It was also noted that a self-invoice is required for RCM transactions, especially if the supplier is unregistered.