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Q. > Please Help: GTA opt RCM to FCM
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2629 views • Question added Apr 01, 2020 • GST • By Akhtar , CA , Ghaziabad


Sir, i have a query, there is a Transporter who is Presentaly Raising Invoices 5% without ITC, Now he has purchased some Capital Goods they have huge amount of ITC so He wants to go for 12% with ITC,

My Query
1. he can go for 12%.????
2. if Yes, When He has claimed all ITC, whether he can opt again 5% GST without ITC

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ca praveen mahla

04-Apr-2020 , 06:05:48 pm

The transporter can shift to FCM from starting of financial year and for that financial year he has to use FCM only. He can not shift to RCM.

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