Reverse charge
naga maheswari (31 Points)
17 February 2020
what's the time period for utilization of Reverse charge input
4 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 17 February 2020
In the same month....
It's mean if we pay rcm related tax payment in the month of Feb-20 (from 1st Feb to 29th Feb 20) then we will be pay at the time of filling GSTR 3B return for the month of Feb-20 on or before 20th Mar-20.
We can claim that in the same return...
It's mean if we pay rcm related tax payment in the month of Feb-20 (from 1st Feb to 29th Feb 20) then we will be pay at the time of filling GSTR 3B return for the month of Feb-20 on or before 20th Mar-20.
We can claim that in the same return...
Nagendra Babu
(35 Points)
Replied 17 February 2020
Once u claim it , u can use it any time.
remember for claim u have to do it in within 1yr from date of payment
remember for claim u have to do it in within 1yr from date of payment
naga maheswari
(31 Points)
Replied 17 February 2020
What if we are not having any output liability ? will rcm input will be carried forward to next month?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 17 February 2020
Yes... After claim the ITC then it will C/f to next month return if it's not utilized...
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