15 January 2018
I have purchase bills pertaining to the period July 2017 to Dec 17 but I got registered under GST in Dec 2017 Can I claim Input Credit of bills from July 2017 to December 2017?
16 January 2018
As per Sec.18 of CGST Act - A person who has applied for registration under this Act within thirty days from the date on which he becomes liable to registration and has been granted such registration shall be entitled to take credit of input tax in respect of inputs held in stock and inputs contained in semi-finished or finished goods held in stock on the day immediately preceding the date from which he becomes liable to pay tax under the provisions of this Act.
CAclubindia
