RCM IGST
This query is : Resolved
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manjeeta modi
(Querist)
10 June 2021
Hello everyone......
we imported an equipment design ..........it is an asset..............is IGST RCM applicable????
and the invoice dated Sep 2020 can we book now???
we imported an equipment design ..........it is an asset..............is IGST RCM applicable????
and the invoice dated Sep 2020 can we book now???
CA R SEETHARAMAN
(Expert)
10 June 2021
It's an intangible asset.
RCM applicable.
Yes, pay it now and claim ITC.
RCM applicable.
Yes, pay it now and claim ITC.
CA Altamush Zafar
(Expert)
10 June 2021
Pay RCM and take ITC....
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