SIr,
if tour operator take service from unregister supplier then he pay RCM can he Avail Credit of RCM Paid by him. Because in the case of tour operator No ITC Availble . please advice.
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Itc for rcm in case of tour operator
Replies (3)
Input tax is a tax imposed on the person when he receives supply of goods & services which are used for his business. However utilization of Input tax credit for making GST payment is not allowed for Tour Operator Service Provider.
MAM,
My Question is if tour tour pay tax in RCM then he is eligible for claimimg ITC for that RCM Paid by him or not.
Tax paid under RCM would not be 'Admissible ITC' for Tour Operators
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