In GTA IGST applicable or not and can i take credit if applicable
proper bill/note the same can be classified as GTO and not as GTA. As per notification 12/2017 supply of services by a GTO is exempted
RCM will apply in your case provided the transporter is a GTA and he has issued a consignment note. Yes, ITC will be available .
| Originally posted by : Akhil Rajeev Reddy | ||
 |
proper bill/note the same can be classified as GTO and not as GTA. As per notification 12/2017 supply of services by a GTO is exempted |  |
The Transporter is GTA they he ll give consignment Note and Rcm is applicable. Otherwise he "Other than GTA" (Transport on Road) the service is exempted under GST....
| Originally posted by : Virat | ||
|
RCM will apply in your case provided the transporter is a GTA and he has issued a consignment note. Yes, ITC will be available . | |
The GTA is registered then we ll take ITC if the GTA from inter State... If the GTA is unregistered then ITC not available. It's also calculated as ineligible ITC. System can't support, it's automatically select ineligible ITC....
Recent Topics :
- Bill-to-ship-to material at client site, project c
- Export previously now to be considered domestic sa
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
Related Topics :
CAclubindia
