Can avail input same month on RCM paid

[raja raja]

Dear experts,

Please guide me Aug month we have paid reverse charge , same month we can claim input.

Thanks in advance

AI Summary

Claim ITC for GST under Reverse Charge Mechanism in Same Month with Cash Payment: Rule 36 & Section 31(3)(f) Explained. A participant inquired about claiming input tax credit (ITC) for Goods and Services Tax (GST) under the reverse charge mechanism (RCM) in the same month as payment. Multiple respondents confirmed that ITC can indeed be claimed in the same month, provided the tax is paid in cash. A detailed explanation referenced Rule 36 of the CGST Rules, which outlines the documentary requirements and conditions for claiming ITC. It emphasized that the invoice issued under Section 31(3)(f) is the eligible document for claiming credit, subject to the condition of tax payment.