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Itc on gta in different cases

ITC / Input 362 views 5 replies

GOOD EVENING EXPERTS,

                                                        I AM IN DOUBT REGARDING ITC ON GTA IN DIFFERENT CASES. THESE ARE FOLLOWING

1-IF GST DEPOSIT BY SERVICE RECEIVER UNDER RCM THAN HE CAN CLAIM ITC ON IT ????/

2- IF GST PAID BY SERVICE PROVIDER UNDER GTA . THEN CAN SERVICE RECEIVER TAKE ITC ON IT   ?????

 

Replies (5)

Hi

Service Reciever can always claim ITC paid under RCM for GTA Service, provided it is used in course of furtherence of business

 

Originally posted by : CA Deepak kumar
Hi

Service Reciever can always claim ITC paid under RCM for GTA Service, provided it is used in course of furtherence of business

 

but sir itc on gta aviliable only on rcm if pays by service receiver. But if service provider charge gst then can we also claim itc on it????

 

1. Service Receiver can claim ITC.
2. Both Service Receiver and Service Privider can claim ITC if the Service Provider has charges a GST on its Bill @ 12%

Sir this video will clarify your doubt

https://youtu.be/NxiKAb8QS4I

Dear Sir,

 

In both cases can avail the ITC.

 


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