Dear all, I have a query if anyone can help. Plz advice.
A cab taxj provider is billing B2C and charging 5% concessional tax rate so not claiming GST input of anything.
Now he wants to purchase a mobile, can he use his GST number for claiming Input and later he can charges 12% GST in some invoices.
After that he wants to bill on 5% rate again.
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GST Input Related Query for Cab Services
Replies (2)
In this case he can claim itc on mobile if he charges 12% GST on invoices. However if he switches again to 5% GST, then in this case, The ITC Claimed on Mobile will be disallowed and has to be reversed.
hope this clarifies your doubt.
Thank you so much for clarifing. You really explained in easy to understand way. Thanks Alot Sir.
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