08 December 2018
Dear Experts we are a courier co. we have taken the sales of April 18 in the month of March 18 but ITC was not taken in that respective month. Now can we take the ITC of April 18 in the month of May 18 Kindly request you to reply on this issue.
08 December 2018
If the invoice is issued in April 18 then the ITC cannot be claimed in March 18. If the invoice is dated in Mar 18 then also you cannot claim today because as per CGST Act any ITC should be claimed before last date of filing the GST returns for the month of Sep following year. Since Last date is over you cannot claim now if ITC invoice is dated in March 18. If April 18 then you can claim now in April 18 returns.
CAclubindia
