Eligibility of GST ITC Credit
This query is : Resolved
22 November 2019
We request your expert opinion for the eligibility GST ITC credit for the following :
Whether GST ITC credit van be taken for a rent a cab service which is charged @ 5% in invoice ( under forward charge) by taxi operator. I request for this clarification before the notification dated 01.10.2019 for payment under RCM by body corporate as service receiver.
Whether GST ITC credit van be taken for a rent a cab service which is charged @ 5% in invoice ( under forward charge) by taxi operator. I request for this clarification before the notification dated 01.10.2019 for payment under RCM by body corporate as service receiver.
22 November 2019
ITC not available for 5% GST.
09 December 2019
ITC can not claim on rent a cab unless the service is mandatory as per any law (e.g.cab service providing for night shift women employees etc).
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