https://www.taxtmi.com/forum/issue?id=119290 When a recipient issues a self-invoice for supplies from unregistered persons and pays tax, the financial year for calculating the time-limit to avail ITC is the year in which that self-invoice is issued, provided tax is paid and other ITC conditions and restrictions are met; delayed issuance may attract interest and possible penal consequences, and allegations of fraud or suppression can still bar ITC. en-us Sat, 07 Sep 2024 09:28:43 +0530 Fri, 24 Jan 2025 10:40:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119290 When a recipient issues a self-invoice for supplies from unregistered persons and pays tax, the financial year for calculating the time-limit to avail ITC is the year in which that self-invoice is issued, provided tax is paid and other ITC conditions and restrictions are met; delayed issuance may attract interest and possible penal consequences, and allegations of fraud or suppression can still bar ITC. Discussion-Forum GST Sat, 07 Sep 2024 09:28:43 +0530 https://www.taxtmi.com/forum/issue?id=119290