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input tax credit

ITC / Input 232 views 7 replies
ABC LTD.is not eligible for any threshold exemption
what is the interpretation of this line
Replies (7)
ABC LTD may come under compulsory registration under section 24

They have to take gst registration and pay tax from the date of registration and also they can avail input tax credit on both supply of goods and services and pay tax on reverse charge mechanism if any.

if supplying Interstate
if E-commerce operator
if availing Services from whose services are under RCM 9(3), 9(4)
ABC LTD may come under compulsory registration under section 24 of gst act
please tell me now gst under section of taxation of company

there is no such section specifically define on company taxation in gst .

good clarification and information


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