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About ITC credit

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accountant
105 Points Joined February 2017
a transport company rised invoice for transport charges and uploaded in GSTR1 with paying tax @ 5 under reverse charge. That invoice was shown in GSTR2A. My question is a regular tax payer can use that ITC .?
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On 04 April 2020 at 08:28 Report
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227 Points Joined March 2018
Yes! subject to section 17(5) of CGST Act 2017.
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On 04 April 2020 at 09:13
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
No... ITC not available and pay tax under rcm basis.

Transporter (GTA) can't collect 5% GST in their transportation.

Note :
Mr KUMAR SWAMY MANSA.,
Check out correctly Your GSTR 2A with the option of "REVERSE CHARGE APPLICABLE - YES / NO"
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On 04 April 2020 at 10:55
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accountant
105 Points Joined February 2017
It is YES
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On 04 April 2020 at 12:50
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Of it's yes then You must be pay GST Tax under rcm basis...

Transporter not paid GST
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On 04 April 2020 at 12:58

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