Easy Office
LCI Learning

Can ITC be claimed on tax paid under RCM

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 July 2023 Hi,

For the Transport business, the transporter filing the GST returns on RCM.

Can he avail the ITC.

Pls guide me, TIA
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
11 July 2023 No, ITC can be claimed only in case of forward charge.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links