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ITC availament On servers
can any one tell about itc can be availment on import of servers
Replies (5)
ITC can be taken
Okok thank uuu
Sorry for the attending this query after giving thanks by Querist...
@ Rohika PS.,
Yes... ITC can be avail. But, Rcm is applicable for the import of service and tax payable under rcm basis.
@ Rohika PS.,
Yes... ITC can be avail. But, Rcm is applicable for the import of service and tax payable under rcm basis.
Why rcm is applicable??
RCM means you(importer) need to pay tax on behalf of exporter
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