RCM Claim time limit
This query is : Resolved
10 January 2025
Can we claim RCM payment for f.y. 2018-19 and 2019-20, if payment made now?
10 January 2025
No, the Central Goods and Services Tax Act, 2017 (CGST Act) vide Section 16(4)1 stipulates 30th November of the subsequent financial year as the outer time-limit for availing input tax credit (ITC) traceable to the invoices of preceding financial year.
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