RCM ITC FY 2018-19

This discussion clarifies the process for RCM (Reverse Charge Mechanism) ITC for the financial year 2018-19. It confirms that payments for this period cannot be made in September 2020's 'gate 3b' and therefore, ITC cannot be claimed directly. Instead, payment must be made via DRC-03 before filing GSTR 9. The RCM liability should then be reported in the GSTR 9 for the 2020-21 financial year.