Please suggest me,
I have received one service invoice in the month on Mar'2019 but the invoice date is 25th of May2018.
So can i claim ITC In march month or what should do for this invoice.
please help.
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Gst itc
Replies (8)
Yes you can claim in march month.
Yes... You can claim ITC for the bill up to 31st March 19...
ITC claim taken up to 31-03-2019.
Dear Gulshan,
In terms of section 16(4) of CGST Act, time limit for availing ITC for invoices pertaining to FY would be due date for filing GSTR 3B for September month following end of FY or date of filing annual return, whichever is earlier.
In your case, you could avail the ITC pertaining the invoice dated 25th May 2018 on or before filing the due date for filing GSTR 3B for Sep'19 (i.e. 20-10-2019) or filing annual return for FY 2018-19, whichever is earlier.
Thank you so much sir,
Thank all of you for supporting me.
Gulshan sir , yes u can take input credit
yes you can claim before filing march month return
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