Delayed Payment of SGST/CGST on RCM Basis

Tax advocate raised bill to P. Ltd. Company in FY 18-19; payment made by cheque on 31.3.2019; March'19 GST return filed without including RCM payment of SGST & CGST; Balance Sheet finalized (without showing liability of RCM) and ITR filed.

Question - Can we make RCM payment of SGST/CGST with Aug'19 GST return now, and take credit for RCM payment in Aug'19 return itself? One advice was that RCM payment has to be done only in Annual Return for FY 18-19. Our concern was that end-Sep'19 is the last date for claiming ITC for FY 18-19. Experts please advise.

Replies (4)
You can take ITC up to September 19 .
You can show the RCM related tax and amount in August-19 return & also claim ITC.

Note : Pay with interest.
You should pay the GST on RCM immediately. As it is paid in cash interest at the rate 18% pa is applicable for the delayed payment days.

You can avail credit upto 30.09.2019
Yes you can pay RCM now before 30/9/2019 & can claim ITC on same .

deposit RCM with Interest 18% as prescribed in section 50 of CGSt act

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details