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GST Input Credit, Goods and Services Tax - GST

Issue Id: - 115690
Dated: 19-11-2019
By:- Ethirajan Parthasarathy
GST Input Credit

  • Contents

A goods transporter has charged ₹ 600/- for transport of goods & has also issued consignment note. Though the amount charged is below 750/- (threshold limit prescribed), the registered person pays tax under RCM. Is he eligible to take input credit.

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Showing Replies 1 to 7 of 7 Records

1 Dated: 19-11-2019
By:- KASTURI SETHI

Yes. He is eligible to avail ITC under RCM.


2 Dated: 19-11-2019
By:- Ganeshan Kalyani

Yes, input tax credit is allowed on GTA.


3 Dated: 20-11-2019
By:- Ethirajan Parthasarathy

I am thankful to the response by the experts. I regret a mistake has crept in my query which has altered the very concept. My query is about ITC on freight charges (which is not supported by consignment note) paid under RCM. Please see my rephrased query :

A goods transporter has charged ₹ 600/- for transport of goods & has not issued consignment note. Though the amount charged is below 750/- (threshold limit prescribed), the registered person pays tax under RCM. Is he eligible to take input credit.


4 Dated: 20-11-2019
By:- PAWAN KUMAR

Dear Sir,

As per my view, since goods transporter has not issued consignment notes and as per definition under the gst law, it is not under GTA hence not liable for GST under RCM.

Secondly if any case it cover under GTA, then, gross amount charged for consignment is under ₹ 750, hence it is exempt.

in both the cases above, as per my view, GST will not payable.


5 Dated: 20-11-2019
By:- KASTURI SETHI

With the rephrasing of query, the whole scenario has changed. I support the views of Sh.Pawan Kumar Ji.


6 Dated: 20-11-2019
By:- SIVARAMA KUMAR

Only a registered dealer is eligible to claim ITC on RCM. if used for his taxable business or furtherance of business activity.The threshold limit of 750 per consignee is exempted only in the hands of the supplier of service,which you were not aware. The provisions of the act casts the liability to pay tax under RCM for the recipient of service ,and no provisions restrict claim of ITC paid under RCM paid on exempted supplies.

My view is that you would still be eligible to claim ITC.,


7 Dated: 20-11-2019
By:- Ganeshan Kalyani

To claim ITC the outward supply should be taxable. RCM paid on GTA should be toward taxable supply I.e. supply of taxable goods.


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