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Querist : Anonymous

Querist : Anonymous (Querist)

18 October 2017 I am auditing a manufacturing company which has taken Cab services from an agency and paid GST under RCM at 5%. can the company claim the GST paid as input credit.
Also is it required to comply with provisions regarding self invoicing as the cab service provider agency is unregistered one.

CA AJAY KUMAR AGRAWAL

CA AJAY KUMAR AGRAWAL (Expert)
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18 October 2017 No the company is not allowed to take ITC on this service. In exceptional case where providing such Cab service to employee is compulsory under any law, then only eligible for ITC. further RCM u/s 9(4) (buying goods / services) by registered dealer from any unregistered dealer is suspended wef 13-10-2017. (upto 31-03-2018)

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