18 December 2022
IF MARCH 22 ADVOCATE'S BILL --> I DEPOSIT REVERSE GST IN DEC 22, WILL IT SHOW IN 2B SO I CAN CLAIM IT NOW? MY VIEW--> YES. GST ON EXPS ON REV.CHARGES CAN BE CLAIMED ANYTIME WHEN GST IS DEPOSITED BY RECEPIENT. FY2122 LIMIT OF 30 NOV 2022 DOESNT APPLY TO GST ON EXPS INCURRED FOR ADVOCATES ETC./REVERSE CHARGE, RIGHT?
21 December 2022
sir, i read further--> as my service supplier was Registered.dealer, my time to get itc was till 30 nov 2022 only for fy2122. had my supplier been urd, as there is no time limit to issue self invoice, here itc has unlimited time limit
i still feel even if reverse supplier is rd, there should not be time limit to avail itc after paying to government.
CAclubindia
