Dear Sir,
How to take Input Credit for Import of Services under RCM? What is the due date for payment of GST under RCM?
I want to take Input credit as early as possible or as soon as possible so, how to avail such credit against normal GST liability?
Suppose, for July month, if I pay GST under RCM by 31st July then can I avail credit against the normal liability of GST (Service tax regime, we used to do that)
Kindly guide with your input as well as compliance part on this aspect.
Thanks in advance.

Can registered company take ITC against insurance paid machine break down policy and fire policies etc


Regards

Dealer purchases cloth pays 5% GST
Gives cloth to job worker for jeans making & pays-18%
Give jeans for press & packing on job work pays 18%
Output rate of readymade jeans is lower dan 1000/- is 5%
Will refund be availble if yes?? Frequecy of claiming it...?

HOW TO ENTER JOB WORK/SERVICE INVOICE IN TALLY,
JOB WORK IS SALES OR SERVICE?
IF SERVICE THEN HOW IT IS POSSIBLE TO ENTER IN SALES VOUCHER? IT'S DIRECT INCOME RIGHT? THEN HOW CAN MAKE ENTRY IN TALLY?

Kindly confirm that GST is applicable on insurance premium for Machine break down policy and it is eligible for ITC.

Regards
P.Srinivas

Sir, with reference to the above, what is the GST rate in case of hire charges vehicle bill and whether there is any RCM applicable on the above service. Your opinion highly solicited.

WHETHER LIMIT OF 5000 ON REVERSE CHARGE IS FOR ALL THE EXPENSES TOGETHER IN A DAY

hello,
i have doubt relating to notification 08/2017 dated 28 .that notification says reverse charge provisions would not be applicable if the aggregate value of such supplies of goods or service or both received by a registered person from any or all the suppliers, who is or are not registered, does not exceed Rs. 5000 in a day

In our view, the above limit of Rs. 5000 is only for taxable supplies by unregistered person. If any exempt supply is procured then such amount shall not be considered for the limit of Rs. 5000
.MY DOUBT IS if a registered person paying rent relation to commercial property TO UNREGISTERED person rent of 120000 for month.per day is 4000(4000*30) as per notification reverse charge is not applicable if the aggregate value of such supplies of goods or service or both received by a registered person from any or all the suppliers, who is or are not registered, does not exceed Rs. 5000 in a day,so in the case aggregatevalue not exceeding 5000 per day so reverse charge is not applicable as per my view.please clarify whether reverse charge applicable (or) not.apart from iam not taking any goods& services from unregistered person

Read more at: https://www.caclubindia.com/experts/ask_query.asp

Dear Sir,
In gst regime, Whether an assesse can claim ITC paid on capital goods - truck.
If yes then in how many installment it can be claimed ?

Dear Sir,
Our company in Delhi & Hired a depot in U.P. Rs.48400/- P.M.+18% IGST 8712=57112/- paid P.M., Land lord having GSTIN no. (Regd.under GST). Now i want to know that "How i can input Credit of Rs.8712/-"

Thanks
Ikramuddin Saifi