rcm of central
Mahesh Sarda (173 Points)
16 August 2017
i am having ITC credit can it be adjusted to pay central tax of RCM
3 Replies
Pravin Nair
(23 Points)
Replied 16 August 2017
RCM is to be paid through Electronic Cash Ledger. You cannot adjust it with ITC.
Ashit Sharma
(155 Points)
Replied 16 August 2017
section 49(5)(b). remaining part of ITC of cgst can be adjusted.agnst. payment of igst.
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