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HomeQ&ACan ITC be claimed on GST paid under RCM for transport of...

Can ITC be claimed on GST paid under RCM for transport of exempt goods like agricultural produce?

Question: Supply of exempted goods like agriculture products but GST is paid on transport under RCM.  Can credit of such RCM paid be claimed against my taxable supply?

Answer: No, Input Tax Credit availed of such tax, shall be required to be reversed in terms of section 17 of CGST Act, 2017 read with rule 42 of CGST Rules, 2017.

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