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TMI BlogGST on GTAX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir/ Madam A transporter has issued invoices under forward charge @12% GST and also for RCM for which receipting will pay GST. The supply on account of RCM has been shown as Non GST sale in the GST r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eturns. The procedure of transporter is wrong as he can not opt both options. Now, what to do 1. Should he pay GST on the same Non GST sale (RCM portion)? 2. If he pays on that amount, what effect ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... will be on the recipient who has paid and availed ITC ? 3. What effect will be on ITC availed by him ? What is best for him. - Reply By Amit Agrawal - The Reply = Whether GTA has shown the suppli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es (where recipient was liable to pay taxes under RCM) while filing GSTR-1 ? And what was HSN used for showing summary of all supplies (i.e. GTA supplies on which he has charged tax @ 12% as well ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as GTA supplies on which recipient was supposed to pay taxes under RCM ) while filing GSTR-1 . - Reply By Shilpi Jain - The Reply = The moment he has charged 12% on the invoice RCM will not be ap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... plicable as per the RCM notification. In case recipient has paid he can go for refund or adjust such excess tax payment in future period. - GST on GTA - Query Started By: - Rajesh Kumar Dated:- 5-7 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -2022 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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