RCM claim
Manish S Thingalaya (student) (430 Points)
01 June 2018
can I claim the ITC of the RCM in the same month ?
9 Replies
Manish S Thingalaya
(student)
(430 Points)
Replied 01 June 2018
in that means we are not paying anything..
Bibek jaiswal
(Accountant)
(528 Points)
Replied 01 June 2018
No you have to pay the RCM amount and take input of that.
Vijay Shiroya Adv
(64 Points)
Replied 01 June 2018
no .first u have to pay rcm liabilities in cash or cheque even if u have credit in ledger. then after u can claim itc in same month
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 01 June 2018
Ha Ha Ha Ha Ha Ha
😇😇😇😇😇😇😇😇
@ Manish.,
Are you joking...? or tease CCI participants?
😇😇😇😇😇😇😇😇
@ Manish.,
Are you joking...? or tease CCI participants?
MURALI NADIMINTI
(502 Points)
Replied 01 June 2018
there is no proper clarity to take input tax credit in which month have to take credit. one thing we can understood, first pay tax and get credit . ie. next month in which file the return.
most of companies are taking credit in month in which file the return.
in case anybody having with proper rule, pls share it
most of companies are taking credit in month in which file the return.
in case anybody having with proper rule, pls share it
Vinod Babu
(24191 Points)
Replied 01 June 2018
Yes pay tax in current month and claim it in next month.
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