Goods and Services Tax – Started By: – Shreyansh Agrawal – Dated:- 15-9-2017 Last Replied Date:- 17-9-2017 – Dear Experts,My Client has paid GST under Reverse Charge in the month of July. whether i will get credit in the month of July itself or in Subsequent Period i.e in August???? – Reply By RAMESH PRAJAPATI – The Reply = Credit is available in the same month. In fact, while filing return, your client will be directed to claim ITC by the system itself. Nothing to worry. – Reply By KASTURI SETHI – The Reply = In other words, virtually no such sword for causing loss of ITC exists. – Reply By MARIAPPAN GOVINDARAJAN – The Reply = It is the common opinion that the input tax credit on reverse mechanism is available on the same month itself. –
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