Gst input in similar line of business

ITC / Input 908 views 3 replies

We are charging 5% gst on the renting of cab to the customer, but as per the cgst notification we can avail input credit

on the bills from another rent a cab operator or who is in the same line of business. suppose if he charges 12% gst

whether we can avail 12% or whether input is restricted to 5%

Replies (3)
yes you can avail credit of full 12%

thanks sir, but there is an argument that as we are charging 5% we cannot claim 12% input do you have any clarifications pls share

there is no restrictions as per section 16


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register