Can we take input tax credit for reverse charge paid for goods or services?
Can we take input tax credit for reverse charge paid for goods or services?
Asked on June 6, 2017 in Miscellaneous.
Yes, if you are a normal taxpayer and No, if you are a compounding taxpayer.
Using that as input supply if you are providing any output supply then only you are eligible to claim as input GST whatever you have paid.
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