Please clarify Import of goods/service -ITC reversal if payment not made to foreign supplier with in 180 days. Applicable or not as per under section 16 of CGST ACT Criteria and contidition
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Import of goods/service -ITC reversal if payment not made with in 180 days
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No, not applicable. This provision does not apply to supplies on which GST is payable on a reverse charge basis.
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