https://www.taxtmi.com/forum/issue?id=115087 Reverse charge liabilities for prior fiscal periods must be paid with interest and reported in the annual return; payment via return-based mechanisms (such as DRC-03) does not permit taking input tax credit for that tax. Time limitations on claiming ITC for RCM supplies apply. If RCM tax was paid and the amount appears in the cash ledger but returns did not separately disclose inward RCM supplies or ITC table entries, that constitutes a procedural lapse which, absent revenue loss, the department may accept. en-us Tue, 18 Jun 2019 15:07:16 +0530 Thu, 23 Jan 2025 15:55:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115087 Reverse charge liabilities for prior fiscal periods must be paid with interest and reported in the annual return; payment via return-based mechanisms (such as DRC-03) does not permit taking input tax credit for that tax. Time limitations on claiming ITC for RCM supplies apply. If RCM tax was paid and the amount appears in the cash ledger but returns did not separately disclose inward RCM supplies or ITC table entries, that constitutes a procedural lapse which, absent revenue loss, the department may accept. Discussion-Forum GST Tue, 18 Jun 2019 15:07:16 +0530 https://www.taxtmi.com/forum/issue?id=115087