ITC on RCM
M R Ravi (59 Points)
21 August 2017For this month I have to pay 1000 rs in case for GST under reverse charge and has a normal liability of 2000rs.
Can I use the ITC (paid under RCM i.e 1000rs)
i.e can ITC on RCM be claimed immediately
sunil kumar sharma
(jr accountant)
(708 Points)
Replied 21 August 2017
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"