RCM payment : Transport
Ashu jain (Practicing) (126 Points)
08 March 2020Is he eligible to claim ITC for the whole of 12 percent (Whereas he was required to pay only 5 percent by RCM and claim ITC of 5 percent)
Thanks & Regards
Ashu jain (Practicing) (126 Points)
08 March 2020
Spurto Consultancy Services
(Consultant)
(1891 Points)
Replied 08 March 2020
Yes, entire ITC can be cliamed.
Anshuman Basu
(account -GST)
(1556 Points)
Replied 09 March 2020