Import of goods/service -ITC reversal if payment not made with in 180 days

Rajkumar Ppro badge (Manager - Accounts) (4 Points)

18 November 2024  

Please clarify Import of goods/service -ITC reversal if payment not made to foreign supplier with in 180 days. Applicable or not as per under section 16 of CGST ACT Criteria and contidition