Consignment note issued by GTA as per rules of GST to Consignee and Consignee (a manufacturer) paid GST under reverse charge. Will ITC be available?
2 Replies
Vipul Maheshwari
(Goods and Services Tax Consultant)
(208 Points)
Replied 01 July 2017
Yes Input tax credit is available to manufacture if paid under reverse charge
Vipul Maheshwari
(Goods and Services Tax Consultant)
(208 Points)
Replied 01 July 2017
Generate invoice in your name
when you pay to unregistered supplier issue payment challan
Recent Topics
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
- Income tax on freelance income from crypto
- ITC temporary reversal and reclaim
- Query on Transactions
Related Threads
CAclubindia
