https://www.taxtmi.com/circulars?id=67659 Where a registered recipient must self-issue an invoice and pay tax in cash under the reverse charge mechanism for supplies from unregistered persons, the relevant financial year for the time limit to avail input tax credit is the financial year in which the recipient issues that invoice, provided tax is paid and other statutory conditions for ITC are fulfilled; delayed issuance and delayed tax payment attract interest and may attract penal consequences. en-us Wed, 03 Jul 2024 00:00:00 +0530 Thu, 11 Jul 2024 18:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67659 Where a registered recipient must self-issue an invoice and pay tax in cash under the reverse charge mechanism for supplies from unregistered persons, the relevant financial year for the time limit to avail input tax credit is the financial year in which the recipient issues that invoice, provided tax is paid and other statutory conditions for ITC are fulfilled; delayed issuance and delayed tax payment attract interest and may attract penal consequences. Circulars GST - States Wed, 03 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67659