Reverse charge GST classified as input tax, permitting input tax credit where statutory conditions are satisfied. The definition of input tax expressly encompasses tax payable under the reverse charge; thus GST paid by a recipient on reverse charge supplies falls ... Summary
Reverse charge GST classified as input tax, permitting input tax credit where statutory conditions are satisfied.
The definition of input tax expressly encompasses tax payable under the reverse charge; thus GST paid by a recipient on reverse charge supplies falls within the scope of input tax and is eligible for input tax credit subject to the general conditions and restrictions applicable to claiming input tax credit under GST law.
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