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ITC of RCM paid

ITC / Input 287 views 3 replies
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131 Points Posted on 11 December 2019
I have forgot to pay GST under RCM in 2017-2018, which I will pay naw. can I avail ITC of the same now in Nov 2019 ? (RCM is self invoice)
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On 11 December 2019 at 08:49 Report
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GST Practitioner
55067 Points Posted on 11 December 2019
No......... If you have done the provision for the same in 2017-18 & not paid the same till 31/3/2019 . you are liable deposit the same with interest but Cannot claim Credit for the same
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On 11 December 2019 at 23:50
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131 Points Posted on 12 December 2019
Correct. but ITC against RCM becomes eligible after payment of the same. so can I claim now if paid now
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On 12 December 2019 at 11:00
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GST Practitioner
55067 Points Posted on 16 December 2019
Even though it's eligibility arises on the payment of same , but if the provision for the same is pertaining to Fy 2017-18 cannot be claimed.

Because As per Order 2, ,any amendment pertaining to Fy 2017-18 can done before 31/3/19.
301 Reply
On 16 December 2019 at 09:48


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