Dear All,
I have one invoice related to legal exp,Fy 2017-18 which is not booked in books of account till the date
can we take RCM GST input after invoice booking and payment of RCM GST in current period?
Thanks and Regards
2 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 24 December 2019
No... As per GST...
But, You can consider the expense in Your current year books of accounts under income tax...
In GST You can pay the rcm tax with interest through DRC-03 Form...
But, You can consider the expense in Your current year books of accounts under income tax...
In GST You can pay the rcm tax with interest through DRC-03 Form...
Nikkk
(CA)
(63 Points)
Replied 26 December 2019
Thanks for the reply sir,
could you please elaborate more why we not able to take input if we pay RCM GST today and book invoice in current period ?
Recent Topics
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
- Advisory for Reporting TDS Deducted by scrap Deale
- Section 194 J Technical Service/Professional Servi
Related Threads
CAclubindia
