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TMI BlogGST Credit on Reverse Charge LiabilityX X X X Extracts X X X X X X X X Extracts X X X X ..... Assessee has paid advertisement charges to foreign media company for showing advertisement on their channel in their (foreign) country in 2017-18. whether such charges are liable for reverse charge un ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... der import of service ?? If answer is yes and liable, if he pays the same now in 2019-20, can he avail cenvat credit for the same in 2019-2020 after payment of the same. as an auditor, shall we have ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to point out the same in 9C Audit Report ?? and whehre ?? - Reply By Himansu Sekhar - The Reply = He had to pay the gst on rcm. As per sec 13(3) (a) the liability to pay gst is during 2017_18. As ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... per sec 31(3)(f) the date of issue of the invoice is when received the service. In that context taking itc today for the period 2017_18 is not permissible. - Reply By KASTURI SETHI - The Reply = ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Yes. ITC is not admissible because time of supply of services is to be determined as per section 13 (3) (a) and (b) of CGST Act . It is hit by both (a) (b). - GST Credit on Reverse Charge Liab ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ility - Query Started By: - ashish shah Dated:- 9-11-2019 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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