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bill received in next financial year

Ajay Kumar (Account Supervisor) (129 Points)

04 May 2018

how to take GST input if bill received in next financial year for example march bill received in April

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Samir (Accountant) (116 Points)
Replied 04 May 2018

what date mention in bill

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Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 04 May 2018

Book purchase in march as per bill date but ITC for the same can be avail only in april as when the goods reced.

Manju Nath (82 Points)
Replied 04 May 2018

Correctt

sathiyanatha rao (29 Points)
Replied 05 May 2018

RNS.Rao
sir,
even if u receive March bill, in April u can claim ITC in March itself
bez u r going to submit GSRT3B only on 20th April for March.

Ajay Kumar (Account Supervisor) (129 Points)
Replied 05 May 2018

but mrn date is 4.4.18

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Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 05 May 2018

Sir , as per section 16 cgst the bill, goods both is reced then only u can reced itc , in ur case u reced the bill in march, but goods reced on april 18, so u have do provision for the same in march18 , but cant claim itc in march18

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