Dear All,

i have received one invoice of Rs 10,000  by GTA who is registered under GST . he has not charged gst since i am registered company / payer  so i will pay GTA @ 5% & will take credit.

Now I will have to issue self invoice to GTA & after doing payment i will have to issue payment voucher to GTA. 

please correct me if i am wrong

Asked 2 months, 1 week ago by Krishna Sharma

Comments:
If the GTA is by Road, then the person liable to pay freight will have to pay GST@5% under Reverse Charge Mechanism (RCM). Also he will not get any ITC - Basheer PM


1 Answer

IF U RECEIVED TRANSPORTATION INVOICE THEN DONT MAKE SELF INVOICE . IF U RECEIVE BILTY THEN MAKE SELF INVOICE AND PAY RCM 5 %

Answered 1 week ago by Akhil Bhargava


GTA WILL NOT PAY GST U HV TO PAY UNDER REVERS CHARGES AND TAKE ITC - Akhil Bhargava


Did not get an answer? Ask your Question
Your Answer:

You need to be logged in to answer.