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RCM OF 2018-19, Goods and Services Tax - GST |
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RCM OF 2018-19 |
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RCM ON FRIEGHT NOT PAID FOR THE YEAR 2018-19, AT THE TIME OF GST AUDIT PARTY IS READY TO PAY THE RCM. HOW TO PAY, TO TAKE CREDIT IN CURRENT YEAR Posts / Replies Showing Replies 1 to 5 of 5 Records Page: 1
Dear Sir, YOu need to pay along with interest. ITC will not be available in this case. It will become cost.
You can pay it now along with interest but please note ITC will not be available now
If the supplier of this service is an unregistered person, there would be a requirement of issue of self invoice by the supplier. If such invoice is issued now there could be a possibliity of availing credit as it becomes an invoice of FY 20-21.
where is the provision, please mention
RCM on Freight is Not applicable upto Sep 2019. if you want to pay the RCM After Oct 2019 to Mar 2020 bills , you must pay the rcm along with interest. Regarding ITC , you can take ITC if you not yet file the sept 2020 return or annual return 2019-20 Time limit to claim ITC against an Invoice or Debit Note is earlier of below dates: The due date of filing GST Return for September of next Financial year Regards, Guru Page: 1 Old Query - New Comments are closed. |
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