RCM paid on GTA services @5% is eligible to claim ITC, Goods and Services Tax - GST

[BHAVYA PETHRU]

Dear Experts,

We have been paying the Tax under RCM @5% for GTA service , whether we are eligible to take the Input tax credit of the same.

awaited for your respose

thanks & regards,

Bhavya.P

Posts / Replies

[Rajagopalan Ranganathan]

Sir,

Since you are paying 5% tax on GTA service under RCM as receiver of the service you can take the credit.

[DR.MARIAPPAN GOVINDARAJAN]

You are eligible to take the credit.

[Manoj Agarwal]

Yes, you are eligible to avail ITC paid under RCM on GTA service after payment of tax, if the input service (GTA) is used in providing taxable supply.

Regards,

Adv. Manoj Agarwal, GSTsathi, Rourkela