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TMI BlogRCM-GTA-5% - ITC ELIGIBILITYX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi, Can we have clarification as to RCM paid at 5% on GTA is eligible ITC or ineligible ITC. on the other hand if GTA entity pays GST at 5% and appearing in GSTR-2B - are we eligible for ITC credit. - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply By KASTURI SETHI - The Reply = Sh.Govinda Raju Ji, W.e.f. 18.7.22, the option to pay GST @ 5% without ITC under forward charge mechanism by GTA was introduced. Prior to 18.7.22, the only option ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... was to pay GST @ 12 % with ITC by GTA under FCM. For more details see Issue ID 117765 dated 22.1.22 which was raised by you. - Reply By Sadanand Bulbule - The Reply = Dear Sir It appears the dark clo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uds surrounding this issue are not yet dispersed, despite thoughtful clarification. - Reply By KASTURI SETHI - The Reply = Sh.Sadanand Bulbule Ji, Sir, If the dark clouds still persist, then the queri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... st may apply to the jurisdictional AAR for further clarification on a specific problem/issue. - Reply By Sadanand Bulbule - The Reply = Dear Sir AAR is an expensive and time consuming process and the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... final product is the same. - RCM-GTA-5% - ITC ELIGIBILITY - Query Started By: - Govinda Raju Dated:- 25-9-2024 Last Replied Date:- 26-9-2024 Goods and Services Tax - GST - Got 4 Replies - GST - Dis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - 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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