GEM Portal , which option is suitable for govt organisations ?
ITC route or RCM ?
What it is about ?
Is it GST related or others ?
6 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 12 March 2022
It's related GST ITC & RCM under GST
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 12 March 2022
We are govt organization. So we don't get ITC
CA Surya Sekar
(CFO )
(1347 Points)
Replied 12 March 2022
You can avail ITC if the inputs or input services are used for providing the taxable services
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 12 March 2022
It's two way bids on Gem portal..So many inward supplies can be exempted or RCM is applicable
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