ITC on RCM

This query is : Resolved

DINESH (Querist)
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08 February 2020 Any one pls clarify my doubt!

We have freight bill from ABC Transport for Rs.10,000/-
And paid RCM against thils bill in Jan'19 Rs.500/- (5% on Rs.10,000/-)
Re-Credite availed In Feb'19
(I mean RCM paid in previous month & ITC availed against previous month RCM paid)

Now we are reconcile the GSTR-2A for Jan'19.
As per my downloaded GSTR-2A, ABC Transport filed their GSTR-1. So, Rs.500/- showing.
In this case,

May I take ITC in this current year ?

RAJA P M

RAJA P M (Expert)
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08 February 2020 Already You availed the ITC..

CA Anita Bhadra

CA Anita Bhadra (Expert)
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08 February 2020 It is not correct on part to your transporter to show in his GSTR 1 as you had paid GST on it . Since you have already claimed ITC , do not claim it again .

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