we are registered dealers and obtained service from unregistered dealer, we have to pay GST under RCM.Will the cenvat credit of the same be allowed or not and under which rule if allowed
3 Replies
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 06 July 2017
Yes sir you will have to pay tax as per RCM and credit will be allowed to you.
Nripendra Tripathi
(officer ( F&A ))
(9 Points)
Replied 07 July 2017
under which rule it shall be allowed
Manuraj
(Business)
(211 Points)
Replied 07 July 2017
Yes allowed but first you need to pay in cash and thereafter you will get refund.
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