RCM on Rental of Car for Travelling
This query is : Resolved
20 September 2023
I am getting travelling service from unregistered vendor.
Our consultant is saying that we have to Pay RCM for this but we can claim ITC of this paid RCM amount.
This is loss for us by not claiming ITC and only paying RCM.
Just wanted confirm is this right ?
Our consultant is saying that we have to Pay RCM for this but we can claim ITC of this paid RCM amount.
This is loss for us by not claiming ITC and only paying RCM.
Just wanted confirm is this right ?
21 September 2023
RCM payable but ITC can't be claimed.
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