Dear Sir/ Madam,
Please advise on below queries.
1. All payments done through Amex in INR but expenses are in foreign currency converted to INR. invoice has foreign country address. Does this attracts RCM? please advise.
2. For all MF redeemed, does it attracts cross input adjustments? please advise
3. KKC of service tax cannot be taken as carry forward input in GST ? please advise.
1. No
2. No.
3. As .per section 140 of CGST Act permit to carry forward credit to GST Law , but as to carry forward the same cannot be done now
CAclubindia
