Rcm on rent
yogesh mahajan (56 Points)
16 October 2018Thanks & Regards.
yogesh mahajan (56 Points)
16 October 2018
Pankaj Rawat
(GST Practitioner)
(55030 Points)
Replied 16 October 2018
yogesh mahajan
(56 Points)
Replied 16 October 2018
Puja Sharma
(CA)
(433 Points)
Replied 16 October 2018
As per GST Act, a composition dealer cannot claim ITC. Hnwce the time period to claim the input do not arise here.
In your case you have to pay GST under RCM for the month of Sept 2017 along with interest @ 18% p.a..
RAJA P M
("Do the Right Thing...!!!")
(127058 Points)
Replied 16 October 2018
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"