Regarding RCM
Prakash Chandra (191 Points)
11 March 2019Input Allowed in same month
Prakash Chandra (191 Points)
11 March 2019
Pankaj Rawat
(GST Practitioner)
(55047 Points)
Replied 11 March 2019
Manish G Nair
(Articled Assistant)
(124 Points)
Replied 12 March 2019
Yes. RCM is applicable u/s 9(3).
However, input cannot be availed in the same month as inputs under RCM can only be availed under paying tax under RCM (i.e when liability is offset). Therefore, input can be taken only in the next month.
Live class on PF & ESI Enrollment & Returns Filing(with recording)