TaxTMI 
TaxTMI 
Dear experts,
Please guide me Aug month we have paid reverse charge , same month we can claim input.
Thanks in advance
Can avail input same month on RCM paid
03 Feb 2018 
6 Replies 
40623 Views Asked by
Input tax credit on reverse charge: claimable in the same month after paying tax under RCM, subject to return finalisation.
Input tax credit under the reverse charge mechanism can be availed in the same month after the recipient makes the cash payment of tax; the invoice issued by the recipient is the eligible document under Rule 36(1), and claims in returns remain provisional pending return matching and finalisation contingent on the payment condition. (AI Summary)
Input tax credit under the reverse charge mechanism can be availed in the same month after the recipient makes the cash payment of tax; the invoice issued by the recipient is the eligible document under Rule 36(1), and claims in returns remain provisional pending return matching and finalisation contingent on the payment condition. (AI Summary)