Is there any time limit for claiming ITC under RCM or Can we claim immediately?

Is there any time limit for claiming input tax paid under reverse charge mechanism or can we claim immediately?

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2 Answer(s)

As the best known to me.. input tax credit is not available in the month of July. You can avail the input tax benefit from August only. Secondly the credit has to be utilised within six months.

Answered on July 14, 2017.
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Under which section that 1 month nd 6 months time limit mentioned. may i know the section please Mr.Amit.

Answered on July 14, 2017.
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Your Answer

Gen GST