Can RCM liability be clubbed to all other itc

can RCM liability be clubbed to all other itc
what is the consequences of it.

should we pay interest and penalty
Replies (3)
Quick Summary
This discussion explores the possibility of clubbing Reverse Charge Mechanism (RCM) liability with other Input Tax Credit (ITC). It clarifies that RCM liability must be paid in cash only, and ITC cannot be used for this purpose. Late payment of RCM liability will attract interest and potential penalties.

RCM liability is payable in Cash only ( through Cash  ledger )  , ITC not available to discharge liability.

RCM pay only cash ledger and interest will be liable if it is pay late 

Pls dispose off

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details