Input tax credit
This query is : Resolved
31 May 2017
Hi
can anyone help me to resolve my below queries
1. What will be the situation for purchase made from unregistered dealer in the state where company is not registered – do we need to take registration and pay the tax and then claim ITC in next month ?
2. What will be the situation for purchase of items listed in RCM from dealer located in the state where Company is not registered – do we need to take registration and pay the tax under RCM?
can anyone help me to resolve my below queries
1. What will be the situation for purchase made from unregistered dealer in the state where company is not registered – do we need to take registration and pay the tax and then claim ITC in next month ?
2. What will be the situation for purchase of items listed in RCM from dealer located in the state where Company is not registered – do we need to take registration and pay the tax under RCM?
31 May 2017
In both the cases no need of registration pay IGST being inter state purchase.
05 June 2017
But in that case can we get an ITC benefit
05 June 2017
If you are registered then you can take ITC benefit.
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
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Booth for sales promotion
- GST ON TRAVELLING BILLS
- F & O PROFIT REPORTING FOR AY 2026-27
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
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
