ITC of GST paid under RCM

This query is : Resolved

Manan Patel (Querist)
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14 November 2019 One of our client forgot to Pay RCM on Advocate Fees of 2017-18. Now in 2019 while he is filling ANNUAL RETURN of 2017-18 he is ready to pay such RCM amount through ANNUAL RETURN (DRC-03). Will he able to take credit of such tax paid under RCM in ANNUAL RETURN ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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14 November 2019 Only payment can be made ITC can't be claimed.

RAJA P M

RAJA P M (Expert)
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14 November 2019 Yes... I agreed to Mr CA R SEETHARAMAN Sir... ITC not available, Only pay the rcm amount with interest through DRC-03...

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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15 November 2019 No ITC on RCM paid now can be taken in annual return and it is not clear whether you can claim ITC of RCM in forthcoming 3Bs of current year.

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ITC of GST paid under RCM

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