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man power suply - reg

Kusalava InternationalLimited

Dear Sir,

We received on man power bills related to June month and as per RCM we paid on 5th July

So, we can utilize / carry forward in in Transition rules or next month of August ? Please clarify....

Transitional input credit for reverse charge manpower services can be claimed by declaring invoices in TRAN-1. Input tax credit for manpower supply invoices paid under reverse charge after the invoice month can be claimed under section 140 of the CGST Act by declaring the invoices in TRAN-1, permitting transitional recognition of credit where payment occurred in the transition period. (AI Summary)
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RAMESH PRAJAPATI on Aug 20, 2017

Yes, you can claim it under section 140 of the CGST Act by declaring in TRAN-1.

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