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Rcm not done in f.y 19 -20
i have freight expenses around 20 lakhsand no rcm done till date , gstr 9 due date is 28 feb can i go for rcm now and can claim itc in f.y 20 -21
Replies (1)
You must immediately pay the outstanding RCM tax plus 18% interest via your Electronic Cash Ledger. Once paid, you can report the transaction in your current GSTR-3B (Table 3.1(d)) and claim the corresponding ITC, provided you have proper documentation like self-invoices and payment vouchers.
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