Itc on rcm
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 September 2017
It is learnt that ITC is available on RCM, but it cannot be adjusted with Output. Then, how this ITC will be adjusted ?
CA R SEETHARAMAN
(Expert)
19 September 2017
ITC is available on RCM paid which can be adjusted against out put liability.
RCM liability has to be paid through bank.
RCM liability has to be paid through bank.
CA R SEETHARAMAN
(Expert)
19 September 2017
ITC is available on RCM paid which can be adjusted against out put liability.
RCM liability has to be paid through bank.
RCM liability has to be paid through bank.
CA Rashmi Gandhi
(Expert)
19 September 2017
You have to pay RCM tax & then claim ITC for same....
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