We would like to know that one of my client ask me about GST credit, if i am giving GST invoice to party at that time he was applied for GST No. in Nov 17and he got his registration no. in Dec 17. After he call me and give his GST No. for update. I update his GST No. in my system. Can party take GST credit of Invoice made in Nov 17. Please advise me. Thank You
01 December 2017
No, A person can not take the credit for the bills issued prior to the registration date. However, He can claim the credit of the Stock if any held on the date of Registration.
CAclubindia
