RCM payable to the service receiver
Satya Tank (22 Points)
01 August 2017Satya Tank (22 Points)
01 August 2017
Shashikant Varshney
(Chartered Accountant)
(763 Points)
Replied 01 August 2017
Dear Satya'
I didn't get you. Please explain your qurey in detail. So I can give you right answer.
Satya Tank
(22 Points)
Replied 01 August 2017
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 01 August 2017
Liability of RCM must be paid first than only you can avail ITC of that means RCM cannot be set off from any ITC available to you
satyanarayan tailor
(student)
(26 Points)
Replied 01 August 2017
Satya Tank
(22 Points)
Replied 01 August 2017
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 02 August 2017
yes you are right Mr satyanarayan
Satya Tank
(22 Points)
Replied 02 August 2017
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 02 August 2017
ITC will not be available on Rent a cab service
satyanarayan tailor
(student)
(26 Points)
Replied 02 August 2017
Satya Tank
(22 Points)
Replied 24 August 2017
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 25 August 2017
Yes You can avail ITC on RCM paid in same month in which it is paid