https://www.taxtmi.com/circulars?id=71126 For reverse-charge supplies received from unregistered suppliers, the relevant financial year for the input tax credit time limit is the year in which the registered recipient issues the self-invoice. Credit may be availed up to the thirtieth day of November following that financial year, or until furnishing of the relevant annual return, whichever is earlier. The credit is subject to payment of reverse-charge tax and fulfilment of applicable input tax credit conditions. Delayed invoice issuance requires interest on delayed tax payment and may attract penalty. en-us Fri, 12 Jul 2024 00:00:00 +0530 Wed, 02 Sep 2026 18:47:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=71126 For reverse-charge supplies received from unregistered suppliers, the relevant financial year for the input tax credit time limit is the year in which the registered recipient issues the self-invoice. Credit may be availed up to the thirtieth day of November following that financial year, or until furnishing of the relevant annual return, whichever is earlier. The credit is subject to payment of reverse-charge tax and fulfilment of applicable input tax credit conditions. Delayed invoice issuance requires interest on delayed tax payment and may attract penalty. Circulars GST - States Fri, 12 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=71126