Input tax credit
This query is : Resolved
Kalpita Patil
(Querist)
31 May 2017
Hi
can anyone help me to resolve my below queries
1. What will be the situation for purchase made from unregistered dealer in the state where company is not registered – do we need to take registration and pay the tax and then claim ITC in next month ?
2. What will be the situation for purchase of items listed in RCM from dealer located in the state where Company is not registered – do we need to take registration and pay the tax under RCM?
can anyone help me to resolve my below queries
1. What will be the situation for purchase made from unregistered dealer in the state where company is not registered – do we need to take registration and pay the tax and then claim ITC in next month ?
2. What will be the situation for purchase of items listed in RCM from dealer located in the state where Company is not registered – do we need to take registration and pay the tax under RCM?
CA R SEETHARAMAN
(Expert)
31 May 2017
In both the cases no need of registration pay IGST being inter state purchase.
Kalpita Patil
(Querist)
05 June 2017
But in that case can we get an ITC benefit
CA R SEETHARAMAN
(Expert)
05 June 2017
If you are registered then you can take ITC benefit.
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