Credit note against invoice of 2017-18 received after sep-18
This query is : Resolved
15 November 2018
I want to know how to show credit note of 17-18 in GST return which received after Sep-18.
* can we show it in GSTR1 & then return ITC in GSTR3B.
or any other way.
* can we show it in GSTR1 & then return ITC in GSTR3B.
or any other way.
15 November 2018
Input tax credit against any tax invoice / debit credti note pertaining to FY 17-18 can be claimed up to the last date of filing GSTR -3 of September month of FY 18-19 or the annual return of FY 17 -18 whichever is earlier..
15 November 2018
as my both return filed.( Annual return & sep GSTR3B ). Now how to show it in GST return.
15 November 2018
In my view , now you can not show .
Whenever date for GSTR 3 returns will be notified , you may be able to show in GSTR 3
Whenever date for GSTR 3 returns will be notified , you may be able to show in GSTR 3
15 November 2018
According to press release dtd. 18.10.2018,
According to section 16 (4) of the CGST Act, 2017, a registered person shall
not be entitled to take ITC in respect of any invoice or debit note for supply of goods
or services or both after the due date of furnishing of the return under section 39 for
the month of September following the end of financial year to which such invoice or
invoice relating to such debit note pertains (hereinafter referred to as “the said invoices”)
or furnishing of the relevant annual return, whichever is earlier.
It may, however, be noted that the Government has extended the last date for
furnishing of return in FORM GSTR-3B for the month of September, 2018 for
certain taxpayers who have been recently migrated from erstwhile tax regime to GST
regime vide notification No. 47/2018- Central Tax dated 10th September, 2018. For
such taxpayers, the extended date i.e. 31st December, 2018 or the date of filing of
annual return whichever is earlier will be the last date for availing ITC in relation to
the said invoices issued by the corresponding suppliers during the period from July,
2017 to March, 2018.
According to section 16 (4) of the CGST Act, 2017, a registered person shall
not be entitled to take ITC in respect of any invoice or debit note for supply of goods
or services or both after the due date of furnishing of the return under section 39 for
the month of September following the end of financial year to which such invoice or
invoice relating to such debit note pertains (hereinafter referred to as “the said invoices”)
or furnishing of the relevant annual return, whichever is earlier.
It may, however, be noted that the Government has extended the last date for
furnishing of return in FORM GSTR-3B for the month of September, 2018 for
certain taxpayers who have been recently migrated from erstwhile tax regime to GST
regime vide notification No. 47/2018- Central Tax dated 10th September, 2018. For
such taxpayers, the extended date i.e. 31st December, 2018 or the date of filing of
annual return whichever is earlier will be the last date for availing ITC in relation to
the said invoices issued by the corresponding suppliers during the period from July,
2017 to March, 2018.
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