Whether GST paid after 2 years in arrears under RCM with interest can be availed and utilised against current output?
H.S.S.RAGHAVENDRAN (CORPORATE EMPLOYEE) (35 Points)
01 September 2022Whether GST paid after 2 years in arrears under RCM with interest can be availed and utilised against current output?
Eswar Reddy S
(CFO- at NHTF)
(58257 Points)
Replied 01 September 2022
CA Rashmi Gandhi
(Chartered Accountant)
(86298 Points)
Replied 01 September 2022
Kishor Lulla
(882 Points)
Replied 03 September 2022
CA Rashmi Gandhi
(Chartered Accountant)
(86298 Points)
Replied 03 September 2022
Eswar Reddy S
(CFO- at NHTF)
(58257 Points)
Replied 03 September 2022
CA Rashmi Gandhi
(Chartered Accountant)
(86298 Points)
Replied 03 September 2022
Rajendra Prasad
(Employee Private)
(1833 Points)
Replied 03 September 2022
No ITC can be availed if any payments under RCM made after filing Annual Return. Section 16(4) will apply here.
CA Rashmi Gandhi
(Chartered Accountant)
(86298 Points)
Replied 03 September 2022
Pankaj Rawat
(GST Practitioner)
(55042 Points)
Replied 08 September 2022
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