TaxTMI 
TaxTMI 
GTA Services, Legal Services etc. received in the financial year 17 – 18 but GST under reverse charge paid on it in the financial year 19 – 20 with interest. Self-Invoice for the same also prepared for the same in 19 - 20 Can ITC be claimed on it now in the month of March’20?
GST under reverse charge
04 Mar 2020 
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Input tax credit time limit: claimable when self-invoice issued within statutory period, subject to supplier invoice rules.
Claiming input tax credit on supplies taxed under reverse charge hinges on the invoice date and statutory time limitation. A self-invoice raised for supplies from an unregistered supplier can support ITC if its date falls within the allowable period; where the supplier is registered, the supplier's tax invoice controls. Invoice date and payment timing together determine the time bar, and DRC-03 is not a prescribed document for availing ITC under the relevant rule. (AI Summary)
Claiming input tax credit on supplies taxed under reverse charge hinges on the invoice date and statutory time limitation. A self-invoice raised for supplies from an unregistered supplier can support ITC if its date falls within the allowable period; where the supplier is registered, the supplier's tax invoice controls. Invoice date and payment timing together determine the time bar, and DRC-03 is not a prescribed document for availing ITC under the relevant rule. (AI Summary)