https://www.taxtmi.com/forum/issue?id=118840 Whether ITC for freight paid earlier can be claimed when tax is later paid under reverse charge is disputed: one view applies the time bar for "any invoice" to self invoices and denies ITC if the statutory period has lapsed; another view treats recipient issued self invoices as starting the time limit at issuance, allowing ITC if tax is paid and other conditions of Sections 16 and 17 and applicable rules are met. Administrative guidance states the relevant financial year is the year the recipient issues the self invoice, subject to tax payment, conditions for ITC, and interest or penalties for delayed compliance. en-us Thu, 02 Nov 2023 10:44:49 +0530 Fri, 24 Jan 2025 10:40:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118840 Whether ITC for freight paid earlier can be claimed when tax is later paid under reverse charge is disputed: one view applies the time bar for "any invoice" to self invoices and denies ITC if the statutory period has lapsed; another view treats recipient issued self invoices as starting the time limit at issuance, allowing ITC if tax is paid and other conditions of Sections 16 and 17 and applicable rules are met. Administrative guidance states the relevant financial year is the year the recipient issues the self invoice, subject to tax payment, conditions for ITC, and interest or penalties for delayed compliance. Discussion-Forum GST Thu, 02 Nov 2023 10:44:49 +0530 https://www.taxtmi.com/forum/issue?id=118840