17 June 2017
Sec 31 (3) of CGST Act says, we can issue a revised invoice for the period from application of registration and grant of registration. But what about ITC for that period? Are we eligible for ITC?
17 June 2017
Where the application for registration has been submitted within thirty days from the date on which the person becomes liable to registration, the effective date of registration shall be date of his liability for registration.
Where an application for registration has been submitted by the applicant after thirty days from the date of his becoming liable to registration, the effective date of registration shall be the date of grant of registration.
In cases of application submitted within 30 days, registration will be granted from the date of his liability for registration.so during this period ITC can be claimed.
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