ITC on GTA paid for outward transportation
Query (Issue) Started By: – GOPAL CHOWDHURY Dated:- 9-11-2017 Last Reply Date:- 10-11-2017 Goods and Services Tax – GST
Got 4 Replies
GST
Dear Experts,
\nAs under GST, GTA will be payable under reverse charge and forward charge notification was provided in that respect.
\nIt 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.
\nin this regard I want to know, can a manufacturing company avail ITC on the GTA paid by them for outward transportation.
\nAs under erstwhile law ITC on outward transportation is not allowed.
\nkindly let me know.
\nReply By KASTURI SETHI:
\nThe Reply:
\nIn pre-GST <\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ly of goods and services or both… = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" ITC on GTA paid for outward transportation Query (Issue) Started By: – GOPAL CHOWDHURY Dated:- 9-11-2017 Last Reply Date:- 10-11-2017 Goods and Services Tax – GSTGot 4 RepliesGSTDear 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 … Continue reading “ITC on GTA paid for outward transportation”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8610","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/8610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8610"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/8610\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\n"(i)………….. except where an inward supply 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"
\nAs 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.
\nIf some other expert has some other expert views on the same kindly let me know.
\nReply By KASTURI SETHI:
\nThe Reply:
\nDear Querist,
\nFirst of all it is Section 17(5)(b) and N<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n