ITC for GTA 5% under RCM

DearSir,

In my opnion if as receiver we have to pay 12% for claiming ITC under RCM. If we pay 5% ITC not available.

Originally posted by : Manjit Sahdev
	DearSir, In my opnion if as receiver we have to pay 12% for claiming ITC under RCM. If we pay 5% ITC not available.

No dear. The Condition of "5% but, ITC not available & 12% ITC available" only to Service Provider (GTA).

It's not applicable to Service receipient.

If GTA :

1st condition - They can't charge GST in his invoice and Service receiver will pay under RCM. GTA can't claim any ITC for their Inward Supplies.

2nd Condition - They will charge GST on his supplies and Receiver no need to pay GST under RCM basis. Bcoz, Tax already charged in Invoice. GTA claim ITC for their Inward Supplies...