Supplier of services can claim ITC of tax paid under reverse charge mechanism under GST

By | August 22, 2017
(Last Updated On: August 22, 2017)

 

Question 27: Can the supplier of services claim the tax paid under reverse charge mechanism as input tax credit?

Answer: Yes. The supplier of services may claim the input tax credit on the amount of tax paid under reverse charge
mechanism subject to the provisions of Chapter V of CGST Act, 2017 read with Chapter V of the CGST Rules, 2017.

 

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About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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