A taxpayer made payment of GST liability under RCM for F.Y 17-18 in Jan 2021 after detection by departmental GST Audit officers. whether he is entitled for ITC on said payment. Yes/no with reason pl.
Thanks.
Menu
ITC ON GST PAID UNDER RCM FOR FY 2017-18
Replies (1)
ITC is Allowed fully.
with general penalty for late billing/filing under RCM.
Recent Threads
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
Related Threads
CAclubindia
