RCM

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This discussion addresses a common query regarding Goods Transport Agency (GTA) invoices under the Reverse Charge Mechanism (RCM). The user received an invoice without GST, but the GTA paid 5% GST, which appeared in their GSTR2A. They questioned if they could claim this as Input Tax Credit (ITC). The advice given is yes, as the GST was paid by the GTA and reflected in the GSTR2A, making the ITC available to the recipient.

KUMAR AINKAR

KUMAR AINKAR (Querist)
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20 February 2020 We got a GTA invoice without charging GST under RCM.
But GTA has paid 5% GST and the said bill is reflecting in our GSTR2A with GST.
Can we take the said GST which was paid by GTA as an ITC?
Please advice.

Rajesh Kumar

Rajesh Kumar (Expert)
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20 February 2020 Yes. Input Tax Credit is available.

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Amol S Joglekar

Amol S Joglekar (Expert)
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20 February 2020 since GTA has paid the GST and the same is getting reflected in your 2A, you can avail the ITC for the same.

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KUMAR AINKAR

KUMAR AINKAR (Querist)
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22 February 2020 Thank you very much for the information.
I have another question if GTA has already paid the 5% gst under RCM then what would be the liability on us under RCM on the same transaction.