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RCM applicable on GTA??

RCM 236 views 4 replies
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3 Points Posted on 18 August 2017
Is RCM is applicable on GTA services received by a Company. If yes whether the GST paid under RCM can be claimed as ITC if the receiver of service is EXPORTER...?
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On 18 August 2017 at 19:45 Report
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Proprietor
4869 Points Posted on 18 August 2017
yes
No
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On 18 August 2017 at 19:59
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GST Consultant
15986 Points Posted on 18 August 2017
Yes credits can be taken and then refund will be claimed or you can utilise credits for payment of IGST.
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On 18 August 2017 at 20:05
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3 Points Posted on 18 August 2017
Is it necessary to pay RCM GST under IGST only???
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On 18 August 2017 at 20:10
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GST Consultant
15986 Points Posted on 18 August 2017
I couldn't understand the question.
For GTA RCM is necessary if its under 5% tax rate. CGST/SGST or IGST depends on place of supply.
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On 18 August 2017 at 20:15


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