b pitchi reddy asked 5 years ago
RCM INPUT CREDIT
Sir, we are Partnership firm can we take credit of RCM for 2018-19 for transport charges paid RCM Now like earlier CENVAT Rules
Answer the question
CA Venu Gopal Gella answered 5 years ago
Time limit for availing Input Tax credit for FY 2018-19 is Sept 2019. IMO you cannot avail the credit now.
Dhiraj dugar
replied 5 years ago No , Credit for the same cannot be availed now and also if the RCM Liability has not been discharged till date the same needs to be discharged vide DRC-03
Dhiraj dugar answered 5 years ago
No , Credit for the same cannot be availed now and also if the RCM Liability has not been discharged till date the same needs to be discharged vide DRC-03
Dhiraj dugar answered 5 years ago
No , Credit for the same cannot be availed now and also if the RCM Liability has not been discharged till date the same needs to be discharged vide DRC-03
Dhiraj dugar answered 5 years ago
No , Credit for the same cannot be availed now and also if the RCM Liability has not been discharged till date the same needs to be discharged vide DRC-03
https://www.consultease.com/gst-consultancy/can-claim-itc-rcm-next-year/
If service provider is unregistered then there is no limit of raising invoices and taking credit. Read this article. Interest on need to be paid.