GST query .

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Student
844 Points Posted on 31 January 2021
reverse charge wrongly paid? can we claim input of that wrongly paid reverse charge?
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On 31 January 2021 at 19:36 Report
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Quick Summary
This discussion addresses a query about claiming input tax credit (ITC) for Goods and Services Tax (GST) reverse charge that was paid incorrectly. While it's generally possible to claim ITC for excess reverse charge payments, the timing of the payment and claim is crucial. If the reverse charge was paid in December, the ITC claim should also be made in December. The thread also touches upon potential issues with expired time limits for claiming ITC.

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102 Points Posted on 31 January 2021
Wrongly paid in the sense???
Is it wrong type , on wrong transaction ?
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On 31 January 2021 at 21:25
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Chartered Accountant
86505 Points Posted on 31 January 2021
Yes you can claim ITC of excess paid RCM.
3 Reply
On 31 January 2021 at 21:43
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Student
844 Points Posted on 01 February 2021
But time limit expired for claiming the itc, what to
do?
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On 01 February 2021 at 00:46
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Chartered Accountant
86505 Points Posted on 01 February 2021
When you pay RCM
2 Reply
On 01 February 2021 at 11:11
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Student
844 Points Posted on 01 February 2021
Rcom on bill 2/4/2019 paid on 18-12-2020
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On 01 February 2021 at 20:25
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Nil
2791 Points Posted on 01 February 2021

If you made payment then you can claim it as input. Refer below link for more clarification

https://shrinke.me/4OF7K8

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On 01 February 2021 at 21:02
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Student
844 Points Posted on 01 February 2021
Link is not working
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On 01 February 2021 at 21:30
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Chartered Accountant
86505 Points Posted on 02 February 2021

IF RCM PAID  IN DECEMBER THEN SAME IS TO BE CLAIM IN DECEMBER

2 Reply
On 02 February 2021 at 12:13

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