sir
whether ITC can be availed on the expenses from a registered dealer. if yes, which type of expenses?
All expenses can get ITC if it's received from RD...
some are restricted....
3 Replies
rinku gupta
(accountant)
(435 Points)
Replied 25 September 2017
if purchase from unregistered person thn can we book rcm or not
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 25 September 2017
Yes... Why not...?
You ll received taxable supplies from URD then you ll pay Tax under RCM basis except the one day ceiling limit of 5k...
You ll received taxable supplies from URD then you ll pay Tax under RCM basis except the one day ceiling limit of 5k...
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