Input tax credit

ITC / Input 242 views 3 replies

Respective Sir, Can i avail input tax credit if i'm registered in GTA service and i have opt 5% on reverse charge.

For Example i have bought a new power battery for transport vehicle, Can i avail input Tax Credit.

Second I have paid GST on packaging invoices, Can I avail input Tax credit.

Sir kindly solve this major issue with clarification.

Thanks

Replies (3)
I have the same query.. plz help

No input to be availed.

The GTA can avail ITC on his inward supplies only if he is charging 12% GST on Forward Charge (Notification 22/2017 CT(R))

Hence you cannot avail ITC


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register