GST Credit on Reverse Charge Liability

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..... GST Credit on Reverse Charge Liability
Query (Issue) Started By: - ashish shah Dated:- 9-11-2019 Last Reply Date:- 11-11-2019 Goods and Services Tax - GST
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GST
Assessee has p .....

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..... aid advertisement charges to foreign media company for showing advertisement on their channel in their (foreign) country in 2017-18. whether such charges are liable for reverse charge under import of .....

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..... service ?? If answer is yes and liable, if he pays the same now in 2019-20, can he avail cenvat credit for the same in 2019-2020 after payment of the same. as an auditor, shall we have to point out .....

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..... the same in 9C Audit Report ?? and whehre ?? Reply By Himansu Sekhar: The Reply: He had to pay the gst on rcm. As per sec 13(3) (a) the liability to pay gst is during 2017_18. As per sec 31(3)(f) th .....

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..... e date of issue of the invoice is when received the service. In that context taking itc today for the period 2017_18 is not permissible. Reply By KASTURI SETHI: The Reply: Yes. ITC is not admissible .....

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..... because time of supply of services is to be determined as per section 13 (3) (a) and (b) of CGST Act. It is hit by both (a) & (b).
Discussion Forum - Knowledge Sharing .....

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