GST paid on reverse charge basis

    Posted By : Sarah Bhandari / Published on : 03-Apr-2019 05:19 AM / View : 124 / Comment : 1
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    Dear Members,

    Please assist me to know If GST paid on reverse charge basis would it be considered as input tax?
    Read more on : basis charge reverse paid

    • Dear ma’am,

      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 recipient (i.e., who pays reverse tax) can avail input tax credit.

      Thank you.

      04-04-2019 / 04:44:19 AM

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