whether input credit on freight can
be avail in gst return
| Originally posted by : Rajesh S | ||
 |
whether input credit on freight can be avail in gst return |  |
YES
3 Replies
C R RADHAKRISHNAN
(ACCOUNTANT)
(210 Points)
Replied 12 November 2018
we are cement dealer we paid Rs.27000/= for lorry freight to one truck holder without having gst no. Is it will atrract GST If yes how much and can we take ITC.
Sudarshan Sarda
(CHARTERED ACCOUNTANT)
(241 Points)
Replied 12 November 2018
PAY 5 PERCENT GST ON 27000 i.e. 1350 in REVERSE CHARGE AND TAKE THE CREDIT OF THE SAME IN SAME MONTH
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