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input credit on GTA gst to manufacturers

ITC / Input 507 views 5 replies
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63 Points Posted on 21 June 2017
Manufacturers paid 50000 gst under reverse charge mechanism as recipient of GTA services..Can manufacturers take input credit of said amount ??
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On 21 June 2017 at 14:01 Report
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564 Points Posted on 21 June 2017
yes it can take credit of this reverse chg taxes by adjusting it in output taxes
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On 21 June 2017 at 20:39
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63 Points Posted on 21 June 2017
In reverse charge, GST on GTA services 5℅ with no ITC, then how manufacturer will get ITC ?
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On 21 June 2017 at 22:46
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OFFICER-STATUTORY
23 Points Posted on 25 July 2017

Can you please clarify the above doubt that will help to us and other manufacturers? Please

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On 25 July 2017 at 19:04
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accounts assistant
27 Points Posted on 11 August 2017
as per section 17(5) you can take itc
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On 11 August 2017 at 18:15
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accounts assistant
27 Points Posted on 11 August 2017
GTA 5% with no ITC - this is for GTA only not for manufacturers
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On 11 August 2017 at 18:16


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