GST – Started By: – Madhavan iyengar – Dated:- 16-1-2019 Last Replied Date:- 19-1-2019 – Sirs A company has not availed ITC of some invoices of services of the period July 17 to March 18, by virtue of the order 02/2018 issued by CBIC dated 31/12/2018 can this ITC be availed now in Dec 2018 Can RCM Liability of IGST on import of services / local CGST/SGST which was not paid during period July 17 to march 18 be paid now and the ITC of RCM be availed in Dec 2018 after payment. – Reply By SHARAD ANADA – The Reply = Yes, you can claim ITC. As per order, registered person can claim Input Tax Credit till 31.03.2019. As per sec 2(63) Input tax includes IGST paid on import on goods and RCM paid U/s 9(3) and 9(4) under CGST Act 2017 and RCM paid U/s
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pertain to the said period) can the RCM be paid now in Dec 2018 and credit of the said ITC on RCM paid in Dec 2018 be taken in 3B return for December 2018 by virtue of the order 02/2018 issued by CBIC dated 31/12/2018 – Reply By Ganeshan Kalyani – The Reply = Sir, you have not paid RCM but would have raised a self invoice in FY 2017-18. If this is so, then ITC can be availed. Otherwise, if you raising a self invoice in current date then RCM is payable now and since self invoice is dated in current date ITC can be claimed considering invoice of FY 2018-19. – Reply By Madhavan iyengar – The Reply = sir in the case of rcm the time of supply as per gst law sec 13(3) (3) In case of supplies in respect of which tax is paid or liable to be paid on
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