Apr 16, 2024
Prepared by

Can a person take input tax credit without payment of consideration for the supply along with tax to the supplier?

Yes, the recipient can take ITC. The condition of payment of consideration to along with tax within 180 days from the date of issue of invoice is not applicable where tax is payable on reverse charge basis.


Tags
issue-of-invoice180-daysreverse-chargeinput-tax-creditconsiderationwithout-payment