Rcm credit on stationary purchases


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Querist : Anonymous

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Querist : Anonymous (Querist)
28 November 2017 Company has purchased stationary items from unregistered dealer and paid gst under rcm. Can it take credit of it?

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Expert : Anonymous

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Expert : Anonymous (Expert)
28 November 2017 Yes it can take credit.

RAJA P M (Expert)
28 November 2017 Yes... You can. If it's purchased on or after 13th October then no need to pay tax under RCM basis...

Amitav (Expert)
29 November 2017 currently RCM is not applicable. However if you have paid then take input tax credit


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