https://www.taxtmi.com/forum/issue?id=118333 Freight/GTA services used partly for taxable and partly for exempt supplies are common input services; input tax credit attributable to exempt use must be reversed proportionately under section 17(2) read with Rule 42. The liability and quantum under the Reverse Charge Mechanism for GTA services remain unaffected by such proportionate reversal. If the claimed credit was utilised, interest liability may arise; only the proportion of ITC corresponding to taxable outward supplies is claimable. en-us Thu, 19 Jan 2023 12:25:10 +0530 Thu, 23 Jan 2025 15:54:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118333 Freight/GTA services used partly for taxable and partly for exempt supplies are common input services; input tax credit attributable to exempt use must be reversed proportionately under section 17(2) read with Rule 42. The liability and quantum under the Reverse Charge Mechanism for GTA services remain unaffected by such proportionate reversal. If the claimed credit was utilised, interest liability may arise; only the proportion of ITC corresponding to taxable outward supplies is claimable. Discussion-Forum GST Thu, 19 Jan 2023 12:25:10 +0530 https://www.taxtmi.com/forum/issue?id=118333