Input Credit regarding reverse charges

ITC cannot be availed in case of reverse charge mechanism

Sir, please send any link regarding reverse charge mechanism

Normally SUPPLIER of goods/service pay gst. But under reverse charge mechanism, the recipient of service is liable to pay gst. and in ur case u will get the credit but that is called credit of taxes paid on RCM basis and not input credit.

Originally posted by : ajay
	Sir, please send any link regarding reverse charge mechanism

Here it is: https://cleartax.in/s/reverse-charge-gst

As per Notification 13/2017 CT (r) , GTA (goods transport agency) services are cover under RCM . So inward supply from GTA is under RCM & Recepient of services is liable to RCM .

As per Notification 20/2017 CT (R) , if GTA is charging 12% on his bill then RCM do attract , the Recepient can claim ITC on same.