17 July 2017
Liability on GTA service received and pay tax under RCM can be taken as ITC in month in which tax paid. But such ITC cannot used against liability which create in RCM
17 July 2017
My question is not about " to take ITC on GTA services or not", whether tax paid under RCM on URP supplies by GTA is available ( like remaining Taxable person) in subsequent month to discharge 5% on GTA services or to treat it as just cost.
CAclubindia
