24 August 2017
you can get credit only when your return get matched - means the same is matching with service provider with recepient. in case of rcm you must will have to pay till due date otherwise interest @ 18 or 24 % p.a charged . if you are taking any credit without payment of tax then penalty also applicable. if you are not filling in continue 6 month return your registration may be cancelled .
CAclubindia
