TMI BlogITC on tax paid under RCMX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Expert, We received some food goods (Namkin etc.) and sponsorship services from unregistered person and paid GST under RCM. can we eligible for availed ITC thereon? Thanks in advance - Reply By RAJA SWAMINATHAN - The Reply = The Tax paid on reverse charge basis including purchases from unregistered dealers will be available for input tax credit provided such goods and/or services are u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sed, for business purpoes and not for personal use. Peron receiving the service or goods can avail input tax credit. - Reply By Rajagopalan Ranganathan - The Reply = Sir, In respect of sponsorship service supplied by unregistered person you can avail the ITC of gst paid on such service under RCM. However regarding Namkin I have my own doubt since normally namkin is for personal consumption of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the recipient. - Reply By KASTURI SETHI - The Reply = Not admissible. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = I endorse the views of Shri Rajagoapalan - Reply By Ravikumar muthusamy - The Reply = can we claim it on the basis as gifts to employees? - Reply By KASTURI SETHI - The Reply = Not at all. - Reply By Ravikumar muthusamy - The Reply = note sir thank you - Reply By Himansu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Sekhar - The Reply = On namkins, ITC is not available. But if sponsorship service is for business purpose, ITC is available - ITC on tax paid under RCM - Query Started By: - RAJNI TOMAR Dated:- 15-10-2017 Goods and Services Tax - GST - Got 8 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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