Time limit of utilizing GST input tax credit

This query is : Open

A.S.SUNDARARAJAN

A.S.SUNDARARAJAN (Querist)
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16 September 2019 I request expert opinion for the following :

We are aware that the time limit for taking GST Input Tax credit before September of the following Financial year or before submitting annual GST return which ever is earlier.

Our question is whether any time limit is prescribed for utilization ITC Credit or it can be carry forwarded in n number of years.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 September 2019 No time limit is prescribed for utilization ITC Credit and it can be carry forwarded in n number of years.

A.S.SUNDARARAJAN

A.S.SUNDARARAJAN (Querist)
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16 September 2019 Thank you very much sir.

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Karim N Shaikh

Karim N Shaikh (Expert)
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16 September 2019 time limit is for ITC availed and not for utilization you can utilized ITC for no. of years

RAJA P M

RAJA P M (Expert)
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16 September 2019 @ Mr Karim N Sheikh., Once query is cleared with our experts and Querist get satisfied then don't be attending after Querist give thanks to experts. In case any wrong reply found then you can reply to the query...