sangeeta (Accountant) (63 Points)
05 January 2022
prasad Nilugal
( GST Practitioner & Accounts )
(14846 Points)
Replied 05 January 2022
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 05 January 2022
From the above query, it can be seen you have wrongly mentioned the invoice of FY 2020-21 as invoices for FY 2019-20.
There is no such mechanism now to correct the dates of the invoices because the last date to make such rectification for FY 2019-20 was September 2020 and for FY 2020-21 was September 2020. Both the dates have passed.
The recipient can claim the ITC but there will be a mismatch of ITC as compared to GSTR 2A and GSTR 2B.
There is a time limit on availment of ITC and not utilisation of ITC. ITC unutilised can be carried forward for n number of years.
sangeeta
(Accountant)
(63 Points)
Replied 11 January 2022
CAclubindia
