Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

RCM paid on GTA services @5% is eligible to claim ITC

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Reply By Rajagopalan Ranganathan - The Reply = Sir, Since you are paying 5% tax on GTA service under RCM as receiver of the service you can take the credit. - Reply By DR.MARIAPPAN GOVINDARAJAN - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The Reply = You are eligible to take the credit. - Reply By Manoj Agarwal - The Reply = Yes, you are eligible to avail ITC paid under RCM on GTA service after payment of tax, if the input service ( .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... GTA) is used in providing taxable supply. Regards, Adv. Manoj Agarwal, GSTsathi, Rourkela - RCM paid on GTA services @5% is eligible to claim ITC - Query Started By: - BHAVYA PETHRU Dated:- 6-9-20 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 18 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - ta .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... xmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates