Input credit in case of Gst paid under reverse charge mechanism

ITC / Input 608 views 3 replies

11 Points Joined April 2017

if I have paid Gst for purchase of goods in such case wheather I can claim input credit of above Gst paid or not

Replies (3)

SEO Sai Gr. Hosp.

208868 Points Joined July 2016

Yes, provided you are registered in GST under general scheme, and the purchase is in line with furtherance of business....

prop.

260 Points Joined May 2014

and what if one is under composition scheme

Assistant Manager

541 Points Joined April 2009

For dealer registrered under composition scheme no ITC available.

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