IMPORT A SERVICE FROM OUTSIDE INDIA.
This query is : Resolved
praveen Nautiyal
(Querist)
03 November 2023
Dear Sir,
I have created a website for my company with a website designer which is in Australia and our company is also registered in Goods & Service, so will we have to pay GST under RCM method or then there is no issue, and now the Australian website designer has the bill has also been sent. I request to you what to do now? Will reverse charge mechanism be applicable or not?
My second question is, we are deal with real estate ,can we eligible for ITC on RCM.
Thanks & Regards,
I have created a website for my company with a website designer which is in Australia and our company is also registered in Goods & Service, so will we have to pay GST under RCM method or then there is no issue, and now the Australian website designer has the bill has also been sent. I request to you what to do now? Will reverse charge mechanism be applicable or not?
My second question is, we are deal with real estate ,can we eligible for ITC on RCM.
Thanks & Regards,
CA R SEETHARAMAN
(Expert)
04 November 2023
RCM applicable in such a case.
You can avail ITC on RCM if you are selling building with the payment of GST
You can avail ITC on RCM if you are selling building with the payment of GST
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST input credit on commercial property
- Nursery business
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- Capital Gains Tax on Inherited Mutual Fund
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Intimation under section 245
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
