Adjustment reverse charge tax liability with itc
This query is : Resolved
MUKESH KUMAR
(Querist)
20 March 2018
Dear Sir,
we want to know that can we adjusted reverse charge tax liability with our available input tax credit or not, if answer is not then please tell us why?
we want to know that can we adjusted reverse charge tax liability with our available input tax credit or not, if answer is not then please tell us why?
MUKESH KUMAR
(Querist)
20 March 2018
Dear sir,
It is too much urgent so please reply as soon as possible.
It is too much urgent so please reply as soon as possible.
Gokul Sharma
(Expert)
20 March 2018
you cannot adjust reverse charge liability with your ITC. as stated in Law that reverse charge Liability should be paid in cash
MUKESH KUMAR
(Querist)
20 March 2018
Thanks Sir for your reply.
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