availing credit of RCM
Any amount paid towards RCM in the month of August 17, when can this amount be available as set off, against Output Tax Liability.
Replies (4)
sep 2017
Seems erroneous, we need more detailed confirmation. I think we can not available this unless it shows in our GST passbook
reverse charge paid under RCM can be availed as itc in the same month or next month . . .
you can avail credit of rcm paid on previous month by entering the eligible amount in gstr 3b column 4 eligible itc (A) (3) Inward supplies liable to reverse charge
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