DEAR MAMERS !
IS RCM REFUNDABLE?
Menu
Is rcm refundable?
Replies (3)
You can take ITC of the reverse charge tax paid.
Sec. 2(62) of the CGST Act, define input tax and includes tax payable under reverse charge basis.
no its not refundable
No...
RCM amount not refundable.
RCM amount not refundable.
Recent Threads
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
Related Threads
CAclubindia
