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    Can a recipient avail Input Tax Credit without payment of consideration for the goods & services received?

    Answered 05-Aug-2022

    Yes, the recipient of goods and/or services can avail input tax credit on such supply even if consideration is not paid. However, the recipient is required to make the payment along with tax amount within 180 days from the date of invoice. It should be noted that this condition does not apply where tax is payable on reverse charge basis.

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