gta and RCM

siril (student) (508 Points)

03 September 2017

if GTA collect 5percent tax then whether registered dealer has to pay under RCM and claim credit

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3 Replies

Mr. Singh (497 Points)
Replied 04 September 2017

No, But if I am right GTA has to charge 12% ,. 5%Is applicable if we charge through RCM

Pawan Parikh (61 Points)
Replied 04 September 2017

please clear if GTA collect 5 % GST then no need pay again under RCM ? & if I pay GTA to Tax can I claim 5% paid Tax as ITC ?

RAJA P M ("Do the Right Thing...!!!") (127921 Points)
Replied 04 September 2017

The GTA charge 5% GST after you ll be tax under RCM. Can't get ITC for the RCM related tax paid.....

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