Transportation RCM which % Input Credit availability
This query is : Resolved
04 March 2022
Sir,
Transportation RCM 5% paying every month, Showing IT 3B RCM column and ITC Column.
Now my doubt is RCM ITC 5% , can we use Output Payment from ITC Credit Ledger.
Some one informed This RCM 5% ITC cannot take only 12% RCM will ITC Available, plz clarify my doubt.
Thanking you,
Transportation RCM 5% paying every month, Showing IT 3B RCM column and ITC Column.
Now my doubt is RCM ITC 5% , can we use Output Payment from ITC Credit Ledger.
Some one informed This RCM 5% ITC cannot take only 12% RCM will ITC Available, plz clarify my doubt.
Thanking you,
04 March 2022
Yes, you can use it for payment of output from ITC credit ledger.
Somebody misinformed you.
Somebody misinformed you.
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