If input tax credit is less than that of Urd taxable RCM tax and the GST liability is payable,
whether RCM Tax should be paid in this case ???
Reverse charge ITC (Query)
Replies (5)
yes you are liable to pay the AC and tax also in the same month in cash
yes you are liable to pay the Reverse charge tax that too in the same month in cash
Ok, Thank you very much sir
you can't adjust ITC with tax payable under RCM
Ok, Thankyou sir
Recent Topics :
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
Related Topics :
CAclubindia
