my client provides gta service under rcm.
recently he purchased trucks & want to go into fcm & wish to setoff the 12% liability from input credit of trucks...
he got 5 big clients from which 3 are ready to agree fcm by transporter & 2 wish to remain in rcm...
my que is :
1). whether can he operate his business under both fcm & rcm??
2). whether can he obtain 2 gst no. against the company(one for doing business under rcm & one for fcm)???
kindly resolve my query
1. No............
.
2. Yes .....................
CAclubindia
