GST - RCM ITC QUERY

[IRFAN MALIK]

Have recd transportation service from GTA in dec 2018.

Now I have paid GST under RCM on 19th January 2019.

Query is when can I claim ITC of GST paid under RCM, whether at the time of filing GSTR 3B for Dec 2018 or whether at the time of filing GSTR 3B for Jan 2019??

Thanking you in anticpation....

Regards

-Irfan

[KASTURI SETHI]

In my view, you can claim ITC at the time of filing GSTR 3B for Dec.18.

[IRFAN MALIK]

Thank you sir for your kind reply.

Regards

[DR.MARIAPPAN GOVINDARAJAN]

ITC of RCM can be availed within that month itself.

[Mahadev R]

Agree with Kasturi Sir

[Ganeshan Kalyani]

ITC of GST paid under RCM on GTA is eligible in the month of Dec 2018 GSTR 3B. First pay GST on freight and after the payment is reflected in www.gst.gov.in portal then pay less GST on other liability.

AI Summary

Input Tax Credit of RCM can be claimed in the tax period to which the supply pertains once payment reflects.
ITC paid under the Reverse Charge Mechanism for Goods Transport Agency services is claimable in the GSTR 3B of the tax period to which the service relates (here, December 2018), provided the RCM payment is made and reflected on the GST portal; taxpayers should pay the GST on freight first and then claim the corresponding ITC in that period's return to offset other liabilities.