gst on Rcm?
thotla naresh (article student) (32 Points)
23 March 2019
gst on rcm basis can be utilized as itc? if not why?
2 Replies
praveen
(intermediate)
(303 Points)
Replied 23 March 2019
yes a person who pay gst as rcm is eligible to take itc in the month in which he pay rcm to government
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 23 March 2019
Yes... Taxpayers can claim ITC for the cash payment of RCM.
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