02 August 2017
Dear Sir/ Madam Please Advice.... We are manufacturer of Steel Products & registered under company act, on Purchase of Raw material we have to pay freight as GTA Service , As per RCM we have to pay 5 % gst over this amount, Can we take ITC of it? We attended meeting organised by GST department ask this question Than he replied manufacturer can utilize this ITC, rule of non utilization 5% ITC is applicable to Transport agency not for manufacturer but have not given any circular/ notification Please suggest we can utilize ITC or not?
03 August 2017
Thanks to All , I have one more question that My business place is in uttar pradesh & if I purchase raw material from any other state (like jharkhand , bihar) than which tax I have to pay on GTA service IGST or SGST & CGST?
03 August 2017
Thanks to All , I have one more question that My business place is in uttar pradesh & if I purchase raw material from any other state (like jharkhand , bihar) than which tax I have to pay on GTA service IGST or SGST & CGST?
CAclubindia
