Tag Archives: #ITCUtilization

Can I claim ITC on the GST paid under the RCM?

Input Tax Credit   However, it’s important to understand that not all goods and services are subject to RCM. GST is only applicable under the Reverse Charge Mechanism (RCM) in specific situations as specified by the government. For instance, RCM applies to services provided by a goods transport agency, legal services, services provided by an… Read More »