Can I avail GST Input tax Credit of Last F.Y. 2017-18 still, if i have not filed GSTR3B of Sep 18 or Annual Return of the last year ?
And if not, is there any other way ? Please help
Amit Verma (Service) (7 Points)
17 November 2018Can I avail GST Input tax Credit of Last F.Y. 2017-18 still, if i have not filed GSTR3B of Sep 18 or Annual Return of the last year ?
And if not, is there any other way ? Please help
BASKARAN
(SR.ACCOUNTS OFFICER)
(100 Points)
Replied 17 November 2018
RAJA P M
("Do the Right Thing...!!!")
(128085 Points)
Replied 17 November 2018
Amit Verma
(Service)
(7 Points)
Replied 17 November 2018
Thanks for the reply
Please clear my doubt, suppose as i said i have not still filed GSTR3B of Sep 18 or Annual Return and Due date was 25th Oct 18 of GSTR3B for availing ITC of Last year, So can i avail ITC in GSTR3B of Sep 18 after due date.
RAJA P M
("Do the Right Thing...!!!")
(128085 Points)
Replied 17 November 2018
Puja Sharma
(CA)
(433 Points)
Replied 17 November 2018
Section 16(4) of the CGST Act reads as under:
"A registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services or both after the due date of furnishing of the return under section 39 for the month of September following the end of financial year to which such invoice or invoice relating to such debit note pertains or furnishing of the relevant annual return, whichever is earlier."
Therefore you can take the uncliamed ITC pertaining to FY 2017-18 in the GSTR 3B to be filed for Sept 2018.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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