LATEST NOTIFICATION RCM ON RENT
This query is : Resolved
Quick Summary
raghavendra b
(Querist)
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.
raghavendra b
(Querist)
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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