IndigoLearn

Forums

Availment of ITC

Sir, if a composition dealer takes legal services from advocate and he pays GST on RCM than also he cannot take credit of ITC on such legal service??


Sunita Gupta

Sunita Gupta

CA Inter

1K+

14-Apr-20 17:50

67

Answers (5)

When tax is paid on RCM, after payment ITC can be availed.


Suraj Lakhotia

Suraj Lakhotia

Admin

14-Apr-20 18:09

Suraj Lakhotia Admin

When tax is paid on RCM, after payment ITC can be availed.

Sir, but if we are in composition scheme ITC can't be availed na?


Venkateshwara Prabhu

Venkateshwara Prabhu

CA Inter

16K+

24-Apr-20 18:38

Venkateshwara Prabhu

Sir, but if we are in composition scheme ITC can't be availed na?

Sorry I missed the composition dealer part. A composition dealer cannot take credit.


Suraj Lakhotia

Suraj Lakhotia

Admin

25-Apr-20 09:18

He cannot take ITC


Shiva Teja

Shiva Teja

Faculty

25-Apr-20 14:07

Ok.. Thanx


Thread Starter

Sunita Gupta

Sunita Gupta

CA Inter

1K+

25-Apr-20 14:15

RESULTS OFFER
Tally + Excel Free