TaxTMI 
TaxTMI 
RCM ON FREIGHT
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....CM ON FREIGHT<br> Query (Issue) Started By: - PAWANKUMAR GARG Dated:- 19-4-2018 Last Reply Date:- 8-5-2018 Goods and Services Tax - GST<br>Got 7 Replies<br>GST<br>SIR, I AM PURCHASING POULTRY FEED AN....
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....D PAID FREIGHT. WHEATHER I AM LIABLE TO PAY GST UNDER RCM @ 5% ON PAYMENT OF FREIGHT. THE COMMODITY IS TAX FREE. Reply By Ganeshan Kalyani: The Reply: GST is payable on the freight amount paid by yo....
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....u. Reply By PAWANKUMAR GARG: The Reply: SIR, CAN WE CLAIM TAX PAID ON FREIGHT AS ITC Reply By Susheel Gupta: The Reply: ITC of freight is allowed Regards CA Susheel Gupta 8510081001, 981100444....
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....3 Reply By Ganeshan Kalyani: The Reply: Yes , you can take credit of the tax paid in the same month . Reply By Ganeshan Kalyani: The Reply: Subject to the condition that final product is taxable. ....
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....As you said you are dealing in poultry feed which is exempt in GST input tax credit of the GST paid on GTA is not eligible. Reply By Ganeshan Kalyani: The Reply: Poultry feed falls under HSN 2309. ....
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.... Reply By kollengode venkitaraman: The Reply: YOU ARE LIABLE TO PAY GST ON RCM ONLY IF FREIGHT IS PAID TO GTA. IF THE TRANSPORTER IS NOT A GTA, THERE IS NO LIABILITY TO PAY GST ON RCM<br> Discussion ....
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