Itc of gst paid under rcm
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 October 2017
Dear Experts,
On payment of rent for our office. We have paid GST under RCM in September pls do let me know whether the ITC of GST paid under RCM will be claimed in same month I.e. in September,
Thanks
Ramesh Chauhan
On payment of rent for our office. We have paid GST under RCM in September pls do let me know whether the ITC of GST paid under RCM will be claimed in same month I.e. in September,
Thanks
Ramesh Chauhan
Jaymin Sabhaya
(Expert)
03 October 2017
Yes, It is available in the same month (i.e. September.)
Udaya Chandran
(Expert)
03 October 2017
It is available in the same month provided you paid it in cash. RCM liability should be paid in cash and not to be adjusted against input.
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