Input tax credit availment
This query is : Resolved
19 November 2019
Dear Sir,
One of my client is under Transportation of Goods by road and is registered in GST under Reverse charge mechanism. He also receives Rent every month for Godown for which he pays gst. I want to know whether he can take input tax credit while filing gst return for rent paid or any other input tax.
Regards,
Divyesh Jain
One of my client is under Transportation of Goods by road and is registered in GST under Reverse charge mechanism. He also receives Rent every month for Godown for which he pays gst. I want to know whether he can take input tax credit while filing gst return for rent paid or any other input tax.
Regards,
Divyesh Jain
19 November 2019
No he cannot claim GST on rent since he is under transportation under RCM. for availing ITC, condition is 12% under forward charge.
19 November 2019
Ok, Thanks for the reply but if this transporter is also paying GST for godown rent received which is a different type of service in this case can he claim input tax credit.
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- SFT Cash Deposit in Current Account
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
