Goods and Services Tax – Started By: – Narendra Soni – Dated:- 12-5-2017 Last Replied Date:- 13-5-2017 – Dear expertKindly confirm whether ITC is available on GST paid by recipient in reverse charge. – Reply By Govind Gupta – The Reply = 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. – Discussion-Forum – Knowledge Sharing
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =