ITC ON GTA Service

Our compamy paid gst under rcm @ 5% in cash, can we claim the itc on that. If yes, can we claim in the same month or following month?
Thanks
Replies (6)
Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) can be claimed on GST paid at 5% under the Reverse Charge Mechanism (RCM) for Goods Transport Agency (GTA) services. The consensus is that ITC is claimable. It is advisable to claim this credit in the month following the payment rather than the same month.

Yes.. you can avail.. advisable to claim in next month
Yes you can claim ITC on RCM @ 5% on GTA Services.
Yes I can claim ITC
Yes you can claim the ITC.... and it is better to take claim in next month...
Thank you all
Your most Welcome...

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