One of my client is GTA who has not filed his return from July 17 to till now.
In the financial year 2017-18 they purchased 2 trucks on which around 10 lakhs tax was paid and now he wants to file his return by claiming those ITC not claimed earlier.
Also in the financial year 2017-18 he has not charged any tax to the receipient, so my question is can he claim ITC for the above trucks purchased?
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ITC credit by GTA
Replies (3)
No.... if he has not charged any tax on his outward supplies, the recipient would have paid in by doing RCM on same .
Secondly as per Notification 22/2017CT (r) , The GTA can avail ITC only when he charge 12% GST on forward charge.
So sorry he cannot avail ITC on truck
Secondly as per Notification 22/2017CT (r) , The GTA can avail ITC only when he charge 12% GST on forward charge.
So sorry he cannot avail ITC on truck
Thanks for answer
thank you and congratulations
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