Menu
about itc on reverse charge
if i forgettan to take itc on reverse charge payment for the month of julu to sep 2017 can i take in this year
Replies (8)
YES U CAN TAKE ITC
in the month of july 2018
yes
Yes you can take in july18.
You can't take ITC for July-17 RCM payment on July-18...
But,
You ll take ITC for the missed in Aug & Sep 17 RCM tax in Your July-18 GSTR 3B return...
But,
You ll take ITC for the missed in Aug & Sep 17 RCM tax in Your July-18 GSTR 3B return...
why not for the month of july 2017 mr raja please explain
| Originally posted by : Mukesh Sah | ||
 |
why not for the month of july 2017 mr raja please explain |  |
I think One Year period is labsed...
You can take ITC for the month of July 17 also .
ITC can be claimed/availed upto the due date of furnishing of return for the month of September following the end of the financial year to which the invoice pertains
Or
Date of furnishing of the relevant annual return,
Whichever is earlier.
Thus, if invoice is issued on, say, 08.07.17, ITC for such invoice shall be claimed on or before
(i) due date of furnishing of the return for September, 2018, or
(ii) the actual date of furnishing annual return for the F. Y 2017–18,
Whichever is earlier.
Recent Topics :
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
- Penalty & late fee for late ITR filing
- Business discontinued as Government took possessio
Related Topics :
CAclubindia
