Will we get the Input Credit of GST paid on Reverse Charge Mechanism in GTA and what shall be the rate of GST?

Will we get the Input Credit of GST paid on Reverse Charge Mechanism in GTA and what shall be the rate of GST?

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4 Answer(s)

Tax paid on reverse charge basis will be available for input tax credit if such goods and/or services are used, or will be used, for business. The service recepient (i.e., who pays reverse tax) can avail input tax credit.

Answered on July 12, 2017.
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Please can u quote the relevant section and rules from the act.

Answered on July 12, 2017.
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Itc available rate 5%.

Answered on July 13, 2017.
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Under the GTA if the transporter itself paid the GTA with our Number Mentioned in the invoice. can we avail ITC.

Answered on July 13, 2017.
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Your Answer

Gen GST