input credit on GTA gst to manufacturers

ITC / Input 470 views 5 replies
User Avatar

63 Points Joined April 2017
Manufacturers paid 50000 gst under reverse charge mechanism as recipient of GTA services..Can manufacturers take input credit of said amount ??
0 Reply Share Follow
On 21 June 2017 at 14:01 Report
Replies (5)
User Avatar

564 Points Joined May 2017
yes it can take credit of this reverse chg taxes by adjusting it in output taxes
Reply
On 21 June 2017 at 20:39
User Avatar

63 Points Joined April 2017
In reverse charge, GST on GTA services 5℅ with no ITC, then how manufacturer will get ITC ?
Reply
On 21 June 2017 at 22:46
User Avatar

OFFICER-STATUTORY
23 Points Joined June 2016

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

Reply
On 25 July 2017 at 19:04
User Avatar

accounts assistant
27 Points Joined February 2016
as per section 17(5) you can take itc
Reply
On 11 August 2017 at 18:15
User Avatar

accounts assistant
27 Points Joined February 2016
GTA 5% with no ITC - this is for GTA only not for manufacturers
Reply
On 11 August 2017 at 18:16


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading