10 November 2020
Experts we have accumulated input pertaining to FY 2019-20 as on 30th Sep 2020 we are the traders and due to no sales from April 2020 to Sept 2020, ITC remains available whether this ITC to be adjusted for October 2020 sales liability or THIS ITC is lapsed Experts please give your opinion
11 November 2020
Respected Mr.Lekhraj sood, well and thanks for your reply .But pleased to refer section 16(4) of GST which states time limit for availing Input credit which has been reflected in credit ledger. Whether section 16(2) override section 16(4) Experts kindly clarify this issue . Section 16(4) time limit only for the claim of input or its usage
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