https://www.taxtmi.com/forum/issue?id=117997 Assuming the corporate card transaction is an import of services taxable under the reverse charge mechanism, the recipient is liable to pay GST under RCM with applicable interest. Claiming input tax credit for RCM paid in a prior year is contested and may be barred by time limits on self invoicing; attempting to avail ITC now risks departmental challenge and a show cause notice. en-us Fri, 17 Jun 2022 12:51:25 +0530 Thu, 23 Jan 2025 15:54:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117997 Assuming the corporate card transaction is an import of services taxable under the reverse charge mechanism, the recipient is liable to pay GST under RCM with applicable interest. Claiming input tax credit for RCM paid in a prior year is contested and may be barred by time limits on self invoicing; attempting to avail ITC now risks departmental challenge and a show cause notice. Discussion-Forum GST Fri, 17 Jun 2022 12:51:25 +0530 https://www.taxtmi.com/forum/issue?id=117997