Question ID :
29584
Input credit
A business man is paying for Freight on goods purchased from other state, Can he claim input credit on freight cartage paid to transporter?
Further GST paid on installation of CCTV Cameras in ShopGodown for security purpose whether will be eligible for Input credit
Posted by
Mahesh Kumar
on
Apr 20, 2018
Filed Under
GST
Yes eligible
Posted by
VINAY BHARGAV KUMAR G on
Apr 20, 2018
Answer ID :
65526
Freight is mainly covered under Reverse Charge Mechanism. If all the conditions of reverse charge has been met then the tax is paid under RCM and the credit of the same is also available.
Posted by
Sagar Malhotra on
Apr 20, 2018