TMI BlogInput Credit under reverse charge where final output is exemptX X X X Extracts X X X X X X X X Extracts X X X X ..... 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 w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ell 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 comp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... any name. please help me regarding this. - Reply By Himansu Sekhar - The Reply = Proportionate credit to be reversed. Please refer to to the ITC rules - Reply By MARIAPPAN GOVINDARAJAN - The Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... = I endorse the views of shri Himanshu - Reply By Ganeshan Kalyani - The Reply = Proportionate credit is eligible . - Input Credit under reverse charge where final output is exempt - Query Start ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed By: - rakesh rohilla Dated:- 16-9-2017 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagementindia - taxmanagement - 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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