Can ITC be availed on RCM to be paid now (FY 2021-2022) for an expense related to FY 2017-18 ?
Payment will be done via cash ledger (bank transfer) and in accordance with section 73 vide DRC03.
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ITC on missed RCM from FY 2017-2018
Replies (2)
No itc for FY 2017-18 can't be claimed
Input tax credit (ITC) for FY 2017-18 cannot be claimed now
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