RCM ON GTA ON CATTLE FEEDS
This query is : Resolved
Quick Summary
09 August 2021
WE TRADING IN WHEAT BRAN I.E. EXEMPT UNDER GST. GTA SERVICE ON THESE GOODS COVERED UNDER GST
IF WE PAY RCM THEN CAN WE CLAIM ITC
IF WE PAY RCM THEN CAN WE CLAIM ITC
CA R SEETHARAMAN
(Expert)
09 August 2021
No, you can't claim ITC as you are trading on exempt goods.
13 August 2021
sir we are trading for both taxable supply as well as exempted supply
CA R SEETHARAMAN
(Expert)
13 August 2021
No ITC can be claimed on GST payment related to exempt goods.
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