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input tax credit (ITC)
ITC is based on services weather provider is registered or not else only services from registered under GSTIN. I'm in very much confused on this. pl clarify.
Replies (4)
ITC credit avilble if you registered Reciepent of good/services, normaly ITC credit avilble on taxble service provider (under taxble service) as well as In case of RCM(18 servics notified under RCM)
ITC availble in case of RCM if you registered recipient of goods/ service provide by whether REGISTERED/UNREGISTERED person
Complete list of expense under on which RCM charged and ITC availble or not
LIst odf Service UNDER RCM
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