INPUT CREDIT UNDER GST

ITC / Input 152 views 4 replies
whether can i take credit from purchase made from NON RESIDENT TAXABLE PERSON filing GSTR-5?

how the credit will appear in my GSTR 2A?
he is saying me to pay tax under reverse charge to take credit?
Replies (4)

A non-resident taxable person is required to make an advance deposit of tax in an amount equivalent to the estimated tax liability of such person 

so, why i need to pay tax under RCM , here double taxation will take place. if he already paid tax so why i can't take credit of the same.

First given answer was wrong.... correct ans would be

A non-resident taxable person is required to make an advance deposit of tax in an amount equivalent to the estimated tax liability of such person 

 

Yes u can take credit for purchases made from Non Resident Taxable persons
but Non resident can't take credit of his inputs except import cases


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