ITC availament On servers
Rohika PS (student) (263 Points)
24 January 2020
can any one tell about itc can be availment on import of servers
5 Replies
RAJA P M
("Do the Right Thing...!!!")
(128096 Points)
Replied 24 January 2020
Sorry for the attending this query after giving thanks by Querist...
@ Rohika PS.,
Yes... ITC can be avail. But, Rcm is applicable for the import of service and tax payable under rcm basis.
@ Rohika PS.,
Yes... ITC can be avail. But, Rcm is applicable for the import of service and tax payable under rcm basis.
Roshni
(Studwnt)
(1141 Points)
Replied 24 January 2020
RCM means you(importer) need to pay tax on behalf of exporter
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