A company in AP received advocate services from Mumbai.
Advocate raised invoice in January, 2020. Part payment was made in February, 2020 and claimed ITC under RCM to that extent. Thereafter no payment is made.
Now if payment is made in March, 2021, can the company take ITC under RCM.
Please suggest!!
Thank you in advance
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ITC under RCM
Replies (1)
You can claim the ITC, but you must pay the original GST amount plus 18% interest in cash through your Electronic Cash Ledger. Ensure all documentation (self-invoices/vouchers) is in order before filing the GSTR-3B for the month of payment.
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