Question ID :
41111
Input Credit of GSt paid under reverse charge to transport agency
An asessee is paying GST under reverse charge on transportation charges @ 5% and is claiming input credit for the same also. Whether it is ok
Posted by
Mahesh Kumar
on
Aug 04, 2021
Filed Under
GST
Yes. Provided the Transportation charges are incurred in the furtherance of the business
Posted by
Y.KANAKAMAHALAKSHMI on
Aug 05, 2021
Answer ID :
81213
yes, it is okay. You can take input credit of the same.
Posted by
CA. SATISH CHAND GARG on
Aug 05, 2021
Answer ID :
81218
Definitely yes.
Posted by
Gaurav Kumar Baranwal on
Aug 10, 2021
Answer ID :
81227
TAXES PAID UNDER RCM ALSO QUALIFIES FOR INPUT TAX CREDIT. HENCE HE CAN AVAIN ITC.
Posted by
Sachin on
Aug 19, 2021
Answer ID :
81233
Okay
Posted by
Hari Beldona on
Aug 24, 2021