Input Credit on GTA Service

[Indrajit Mondal]

Dear Sir,

We are a construction company and we will doing some projects for the same we need to send cements/sand/stone chips etc to every site and we will hire trcuk/lorry for the same

We will received invoice from the transporter which is include Service Tax under RCM on GTA after abatement of 30%

Now my question is can we claim the input credit after paying the liability under RCM direct to Govt via challan

Please reply

AI Summary

Construction Company Can Claim Input Credit on GTA Services Under RCM After 30% Abatement, Confirms Expert A construction company inquires about claiming input credit on Goods Transport Agency (GTA) services. They explain that they receive invoices from transporters, which include service tax under the Reverse Charge Mechanism (RCM) after a 30% abatement. The company asks if they can claim input credit after paying the liability directly to the government via challan. A respondent confirms that the company can indeed avail input credit on inward freight, providing clarity and support to the query.