Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight

This query is : Resolved

Venkateshwarlu Pulluri (Querist)
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21 November 2024 Good morning sir/s,

can we claim ITC of Feb-2024 (which was not claimed by oversight) in the month of November-2024, since the assesee is already filed his returns up to October-2024

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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21 November 2024 As per section 16(4) of the CGST Act, 2017 the time limit to avail pending ITC on invoices pertaining to FY 2023-24 is:
30th November 2024 for invoice pertaining to FY 2023-24; or
31st December 2024 i.e. date of filing annual return for FY 2023-24 whichever is earlier.

Venkateshwarlu Pulluri

Venkateshwarlu Pulluri (Querist)
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21 November 2024 thank you sir, than we can claim with November-2024 return

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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21 November 2024 October 2024 GSTR-3B can be filed up to 30th November 2024 along with applicable interest for cash liability. This will allow taxpayers to reconcile and make necessary amendments in outward liability or claim ITC in respect of purchases pertaining to FY 2023-24.
The return if just 'submitted' can be reset, thereby data can be changed.