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RCM on Transportation
Is RCM applicable on transportation of exempt goods? If yes, can we claim ITC on the RCM paid?
Replies (4)
| Originally posted by : Kunal Pansari | ||
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Is RCM applicable on transportation of exempt goods? If yes, can we claim ITC on the RCM paid? |  |
YES, you can claim
Don't needs to pay RCM on freight paid for exempt goods.....
| Originally posted by : PRABIR PAUL | ||
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Don't needs to pay RCM on freight paid for exempt goods..... |
|
ANY REFRENCE
If there is no tax in normal charge, there wont be any tax in RCM too.
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