Itc on frieght charge

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45 Points Posted on 16 July 2020
is itc can avail on freight
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On 16 July 2020 at 14:33 Report
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Yes, you can claim Input Tax Credit (ITC) on freight charges, regardless of whether the GST rate is 5% or 12%. The restrictions on ITC typically apply to the supplier, not the recipient. However, if your business involves making exempt supplies, your ITC claim might be restricted under Section 17 read with Rule 42 of the GST Act.

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1313 Points Posted on 16 July 2020
Yes. ITC on freight charges can be availed.
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On 16 July 2020 at 15:21
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Partner - Audit & Assistance
4825 Points Posted on 16 July 2020

Yes, even if paid at 5% or 12% ITC is eligible. ITC restriction is for the supplier and not the recipient. 

Also, if you are into exempt supplies, then ITC could be restricted under Section 17 r/w Rule 42. 

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On 16 July 2020 at 16:18

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