LATEST NOTIFICATION RCM ON RENT
This query is : Resolved
18 December 2024
DEAR SIR,
FROM OCTOBER 2024, RCM LIABILITY APPLICABLE ON SERVICE RECEIVING FROM UNREGISTERED LAND TO THE REGISTERED DEALER GST PAYABLE @ 18% ON RENT.
MY QUERY IS ITC AVAILABLE ON GST PAID THROUGH RCM
REGARDS
THANK YOU
FROM OCTOBER 2024, RCM LIABILITY APPLICABLE ON SERVICE RECEIVING FROM UNREGISTERED LAND TO THE REGISTERED DEALER GST PAYABLE @ 18% ON RENT.
MY QUERY IS ITC AVAILABLE ON GST PAID THROUGH RCM
REGARDS
THANK YOU
18 December 2024
Yes, ITC is eligible for normal tax dealers.
18 December 2024
THANK YOU SIR FOR YOUR QUICK REPLY,
MY CLIENT PAYING 8000/- PER MONTH GST 1440/- PAYABLE. GST PAID IN CASH AND CLAIM THROUGH ITC ADD BACK
REGARDS
MY CLIENT PAYING 8000/- PER MONTH GST 1440/- PAYABLE. GST PAID IN CASH AND CLAIM THROUGH ITC ADD BACK
REGARDS
18 December 2024
Yes, the ITC under RCM can be claimed in same month.
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