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RCM CLAIM

SUMIT BADYAL (709 Points)

24 August 2020

hi, can we claim refund of rcm?

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Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 24 August 2020

You can not take refund of RCM paid, you can take Input tax credit (ITC) of RCM paid.
ITC can be utilised to set off your output tax liability.

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