is RCM payable on GTA service if freight charges including in Invoice and tax charge on the rate which applicable on original item i.e. 18% and same amount paid to GTA

is RCM payable on GTA service if freight charges including in Invoice and tax charge on the rate which applicable on original item i.e. 18% and same amount paid to GTA https://www.taxtmi.com/forum/issue?id=116927 Where freight is invoiced to the customer, the supplier charges GST at the rate applicable to the goods. Separately, if transportation is provided by a Goods Transport Agency, the recipient must pay GST under the reverse charge mechanism on the GTA service. If the transporter is an individual truck owner and not a GTA, the service may be exempt from RCM. Any excess tax collected on the outward invoice can be claimed as a refund and RCM payments may require cash payment. en-us Mon, 28 Dec 2020 22:36:33 +0530 Thu, 23 Jan 2025 15:54:37 +0530 TaxTMI RSS Generator is RCM payable on GTA service if freight charges including in Invoice and tax charge on the rate which applicable on original item i.e. 18% and same amount paid to GTA https://www.taxtmi.com/forum/issue?id=116927 Where freight is invoiced to the customer, the supplier charges GST at the rate applicable to the goods. Separately, if transportation is provided by a Goods Transport Agency, the recipient must pay GST under the reverse charge mechanism on the GTA service. If the transporter is an individual truck owner and not a GTA, the service may be exempt from RCM. Any excess tax collected on the outward invoice can be claimed as a refund and RCM payments may require cash payment. Discussion-Forum GST Mon, 28 Dec 2020 22:36:33 +0530 https://www.taxtmi.com/forum/issue?id=116927