https://www.taxtmi.com/circulars?id=67588 Where tax is payable by the recipient under the reverse charge mechanism for supplies from unregistered persons, the relevant financial year for the time limit to claim input tax credit is the financial year in which the recipient issues the invoice under the recipient invoice requirement, provided the recipient pays the tax and satisfies other conditions and restrictions; delayed issuance after time of supply attracts interest on late tax payment and possible penal consequences. en-us Wed, 26 Jun 2024 00:00:00 +0530 Fri, 28 Jun 2024 17:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67588 Where tax is payable by the recipient under the reverse charge mechanism for supplies from unregistered persons, the relevant financial year for the time limit to claim input tax credit is the financial year in which the recipient issues the invoice under the recipient invoice requirement, provided the recipient pays the tax and satisfies other conditions and restrictions; delayed issuance after time of supply attracts interest on late tax payment and possible penal consequences. Circulars GST Wed, 26 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67588