i have a query
i am a registered seller from up. i sell material worth 1 lakh to an unregistered dealer in maharashta.
transportation cost is extra.
the dealer in Maharashtra tells me to pay freight to the tranporter (suppose 5,000), which he will deposit separately in my account.
now what would be the invoice value whether 1,00,000 or 1,05,000/-.
and do i have to pay 5 % gst of 5,000/- which is the transportation charge.
Invoice value will be 105000.
You need to pay tax under RCM on transportation charges.
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