https://www.taxtmi.com/forum/issue?id=117121 Whether a belated self invoice or debit note issued by a recipient under reverse charge permits claiming input tax credit turns on the interaction between the requirement to self invoice for certain unregistered supplies, the time of supply rules and the limitation in the entitlement provision which disallows credit after the return due for September following the financial year to which the invoice or debit note "pertains." Experts disagree whether "pertains to" refers to the period of supply or to the invoice/debit note date, and practical considerations include payment of tax with interest, possible penalties, and litigation risk, with post amendment treatment of debit notes reducing but not eliminating uncertainty. en-us Fri, 26 Mar 2021 18:15:02 +0530 Thu, 23 Jan 2025 15:54:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117121 Whether a belated self invoice or debit note issued by a recipient under reverse charge permits claiming input tax credit turns on the interaction between the requirement to self invoice for certain unregistered supplies, the time of supply rules and the limitation in the entitlement provision which disallows credit after the return due for September following the financial year to which the invoice or debit note "pertains." Experts disagree whether "pertains to" refers to the period of supply or to the invoice/debit note date, and practical considerations include payment of tax with interest, possible penalties, and litigation risk, with post amendment treatment of debit notes reducing but not eliminating uncertainty. Discussion-Forum GST Fri, 26 Mar 2021 18:15:02 +0530 https://www.taxtmi.com/forum/issue?id=117121