TaxTMI 
TaxTMI 
In the books of the assesse, he showed an expense of ₹ 20 lakhs relating to transporting exps for the FY 2018-19 and didnot pay reverse charge on that. Now while filing the Annual Return we noted that, now the assessee wants to pay the reverse charge tax and take the input credit. How can it be done?
REVERSE CHARGE ON TRANSPORTING EXPENSES
22 Apr 2020 
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Reverse charge on transporting expenses: whether payment during annual return permits claiming input tax credit, guidance referenced.
Whether the reverse charge on transporting expenses for FY 2018-19 may be discharged while filing the annual return and enable claiming input tax credit is raised; the adviser refers the matter to prior replies (Issue ID No.116203 dated 13.4.20) without providing procedural guidance. (AI Summary)
Whether the reverse charge on transporting expenses for FY 2018-19 may be discharged while filing the annual return and enable claiming input tax credit is raised; the adviser refers the matter to prior replies (Issue ID No.116203 dated 13.4.20) without providing procedural guidance. (AI Summary)
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