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REVERSE CHARGE AND ITC

ITC / Input 273 views 4 replies
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7 Points Posted on 29 June 2018
DOES RCM APPLY IF IN CASE OF EXPENSES MADE TO AN EXEMPTED SERVICE BEFORE 13TH OCTOBER FROM UNREGISTERED DEALER????

AND CAN WE TAKE ITC IF ANY RCM HAS TO BE PAID??
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On 29 June 2018 at 12:37 Report
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Final Student of ICAI
1764 Points Posted on 29 June 2018
Yes, tax is to be paid for services received before 13/10/17. Yes you can take ITC
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On 29 June 2018 at 13:42
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CA | GST | Refunds | Advisory | Litigati
1463 Points Posted on 29 June 2018
As per section 9(4),No need to pay GST on RCM for exempted services or goods.

In case u have paid it then u can surely take the ITC!
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On 29 June 2018 at 13:43
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Final Student of ICAI
1764 Points Posted on 29 June 2018
Yes for exempted service tax need not be paid. Sorry I didn't notice the word exempted
2 Reply
On 29 June 2018 at 13:44
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7 Points Posted on 08 July 2018
Thank you Mr.Sachin Jain and Mr.S.sundar rajan
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On 08 July 2018 at 11:16


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