GST RCM FROM UNREGISTERED PERSON

RCM 255 views 5 replies

I have received transportation services from GTA. The GTA is an unregistered person. The GTA send me a bill of  Rs. 1250.00.

Now the question is should I pay rcm or not on Rs. 1250.00 i.e.62.50. because GTA is an unregistered person. If I pay the rcm on Rs. 1250.00 i.e.62.50 then while taking itc of Rs. 62.50 showing red in itc column.

 

so suggest me what should I do whether pay rcm or not on rcm from unregistered person.

Replies (5)

Pay and take the ITC. No Harm.

Since the GTA service provided to registered person it is taxablel under RCM. however exemption of rupees 1500 is allowed . check for the exemption and pay the GST under RCM
If IAM paying RCM for received service from unregistered person,after can I claim my ITC amount?

@ MPR sanjay Kumar, Yes u can claim the ITC

Thank you sir @ CA Ankit pandya


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