TMI BlogRCM OF 2018-19X X X X Extracts X X X X X X X X Extracts X X X X ..... RCM ON FRIEGHT NOT PAID FOR THE YEAR 2018-19, AT THE TIME OF GST AUDIT PARTY IS READY TO PAY THE RCM. HOW TO PAY, TO TAKE CREDIT IN CURRENT YEAR - Reply By PAWAN KUMAR - The Reply = Dear Sir, YOu need to pay along with interest. ITC will not be available in this case. It will become cost. - Reply By Bhavika Chothani - The Reply = You can pay it now along with interest but please note ITC will ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... not be available now - Reply By Shilpi Jain - The Reply = If the supplier of this service is an unregistered person, there would be a requirement of issue of self invoice by the supplier. If such invoice is issued now there could be a possibliity of availing credit as it becomes an invoice of FY 20-21. - Reply By PAWAN KUMAR - The Reply = where is the provision, please mention - Reply By Gu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ravaiah Manam - The Reply = RCM on Freight is Not applicable upto Sep 2019. if you want to pay the RCM After Oct 2019 to Mar 2020 bills , you must pay the rcm along with interest. Regarding ITC , you can take ITC if you not yet file the sept 2020 return or annual return 2019-20 Time limit to claim ITC against an Invoice or Debit Note is earlier of below date s: The due date of filing GST R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eturn for September of next Financial year OR Date of filing the Annual Returns relevant for that Financial year Regards, Guru - RCM OF 2018-19 - Query Started By: - KERAGODEGOPALARAO ANANTHARAO Dated:- 6-12-2020 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
