Input Credit under reverse charge where final output is exempt, Goods and Services Tax - GST

[rakesh rohilla]

Dear Experts,

I have made payments through reverse charge and paid the entire amount through cash ledger in the month of july 2017. I am providing exempt service i.e. transportation of passenger as well as taxable service. Is reverse charge paid by me can be setoff against my output tax liability. I am a transport company with a authorised service center of TATA. both are running in only one company name. please help me regarding this.

Posts / Replies

[Himansu Sekhar]

Proportionate credit to be reversed. Please refer to to the ITC rules

[MARIAPPAN GOVINDARAJAN]

I endorse the views of shri Himanshu

[Ganeshan Kalyani]

Proportionate credit is eligible .