Credit of RCM under import of service

[Tarun Agrawal]

Hi

I want to know if the credit of GST paid under RCM can be availed in same month or it has to be done next month

AI Summary

Input Tax Credit for RCM on Imported Services: Claim in Same Month as Tax Payment per Law A participant inquired about the timing for availing GST credit paid under the Reverse Charge Mechanism (RCM) for imported services. Three responses clarified that the input tax credit can be claimed in the same month the tax is paid. One respondent emphasized that the credit can only be availed after the tax payment is made, while others confirmed that the law permits claiming the credit within the same month.