Rcm credit

ITC / Input 139 views 1 replies

This is an Example  ---------

Like : Return Month : JAN ' 2018 -- RCM Rs. 5000/- -- Paid on 20/3/2018 -- Also  Return is submitted on 20/3/18

Question: Which Return Month will Take Credit from Paid RCM Rs. 5000/- ---

a) Return Month : FEB'18     -- or       b) Return Month: MAR '18 --

 

Replies (1)
For the Return month Jan-18 you will be paying tax on RCM, as soon as u pay the tax u can take the credit of the same...i.e. in Jan -17 Return itself


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