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INPUT FOR PERIOD OF 2019-2020.

PALASH (Nothing) (2000 Points)

20 June 2020

Suppose there are 5 Gst sale bills ( B2B ) for the period of March 2020 but i filed GSTR 3B and GSTR 1 as Nil return for the Period of March 2020, Now For the month of May 2020 i want to file GSTR 3B and GSTR 1 by showing above 5 gst sale bills ( March 2020 related ) against a purchase bill for the Month May 2020.

My question :

1) If i want to file GSTR 3B and GSTR 1 for the month of May 2020 by showing gst bills related for the month of March 2020, then Should the purchaser of that 5 gst bills be eligible for Input Tax Credit for March 2020 ?

Regards.

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5 Replies

Hemal Makwana (Designation) (771 Points)
Replied 20 June 2020

If the invoice date is that of march 2020 and u have delivered the invoice on time, he may claim march 2020.

since rule 36(4) of cgst rules has to be applied in sept 2020 return cumuluatively. he can avail credit on the basis of invoice.

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PALASH (Nothing) (2000 Points)
Replied 20 June 2020

If i want to file GSTR 3B and GSTR 1 for the month of May 2020 by showing gst bills related for the month of March 2020, then Should the purchaser of that 5 gst bills be eligible for Input Tax Credit for March 2020 ?

Yes or No.

If Yes then Mention under which rules.

Regards.

David (article Assistant) (1639 Points)
Replied 20 June 2020

Hi, he can claim provisional ITC as per rule 34(6).ie is ITC limited to 10% of eligible credit reflected in GSTR 2A in the month of March. The balance ITC that has not been claimed as provisional ITC may be claimed in the succeeding months once details have been actually uploaded. Ie is in May.

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KRISSHNAN KP (4215 Points)
Replied 21 June 2020

5 bill's are eligible for avail the ITC

Shivam RC (Student) (23683 Points)
Replied 21 June 2020

The Recipient / Purchaser can avail credit on all the 5 GST Invoices in the month of March itself if the proper invoice is issued in time ( i.e. during dispatch of goods ).

Rule 36(4) will not be applicable for the period FEBRUARY 2020 to AUGUST 2020 and the said condition shall apply "Cumulatively" for the said period in the return in FORM GSTR-3B for the tax period of September 2020 and shall be furnished with cumulative adjustment of ITC. [ Notification No. 30/2020 - Central Tax, dated 03rd April 2020 ].

Regards,
Shivam RC.

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