ITC on RCM against GTA Agency.
This query is : Resolved
Rajiv Ranjan Jha
(Querist)
11 July 2017
Respected Sir,
We are relating to manufacturing unit and our unit has registered under GST Act 2017.
Sir; our question is that; we are paying of freight charge to Transport Agency and provision of tax against RCM. Then; can we eligible for ITC? Yes or No.
Please clarify rule of ITC rule on RCM against GTA Services for manufacturer taxpayers.
Thanks.
Vishakha Kejriwal.
(Expert)
12 July 2017
Input credit of GST discharged on GTA services under RCM and availed by manufacturer can be validly taken as credit.
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