GST under reverse charge
This query is : Resolved
04 March 2020
GTA Services, Legal Services etc. received in the financial year 17 – 18 but GST under reverse charge paid on it in the financial year 19 – 20 with interest. Self-Invoice for the same also prepared for the same in 19 - 20 Can ITC be claimed on it now in the month of March’20?
CA Anita Bhadra
(Expert)
04 March 2020
In a point g of press release 03 July 2019, it has been indicated that ITC for the particular period can be availed in the period RCM liability has actually got paid.
With this logic, you can claim ITC in the month of March 20.
With this logic, you can claim ITC in the month of March 20.
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