Goods and Services Tax – Started By: – GOPAL CHOWDHURY – Dated:- 9-11-2017 Last Replied Date:- 10-11-2017 – Dear Experts, As under GST, GTA will be payable under reverse charge and forward charge notification was provided in that respect. It was further clarified that ITC will be available for the RCM paid under reverse charge under section 9(3) of the CGST Act, 2017 and not on the forward charge. in this regard I want to know, can a manufacturing company avail ITC on the GTA paid by them for outward transportation. As under erstwhile law ITC on outward transportation is not allowed. kindly let me know. – Reply By KASTURI SETHI – The Reply = In pre-GST era credit on outward freight was allowed depending upon the place of removal. Now who p
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of goods or services or both of a particular category is used by a registered person for making an outward taxable supply of the same category of goods or services or both or as an element of a taxable composite or mixed supply As per this provision no where it allows ITC of GTA services used for outward supplies, but as still there is nothing has come out from ministry yet to understand that ITC of GTA is not available on outward supply, so may be manufacturer can claim. If some other expert has some other expert views on the same kindly let me know. – Reply By KASTURI SETHI – The Reply = Dear Querist, First of all it is Section 17(5)(b) and NOT Section 15(5)(b). Secondly this ' (B)' referred by you, pertains to (iii) rent-a-cab, l
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