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Input Tax Credit

nikhil (dhule) (180 Points)

26 May 2018

how to take ITC which not claimed in GST 3B of jan 18

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9 Replies

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 26 May 2018

CLAIM IN APRIL MONTH

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nikhil (dhule) (180 Points)
Replied 26 May 2018

can i claim this in annual information return

Vinod Babu (24191 Points)
Replied 26 May 2018

Yes you can take missed out ITC in succeeding returns in 3B Returns

makkhan sharma (203 Points)
Replied 26 May 2018

AN ITC OF DECEMBER COULDN'T TAKEN TILL DATE CAN I CLAIM IN MAY 18 IN GSTR3B.

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 26 May 2018

YES U CAN CLAIM IT

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Vinod Babu (24191 Points)
Replied 26 May 2018

The time limit for taking Input credit under GST is 1 year. so you can claim the same in next month

nikhil (dhule) (180 Points)
Replied 26 May 2018

under which section or rule

makkhan sharma (203 Points)
Replied 26 May 2018

thanks

Vinod Babu (24191 Points)
Replied 27 May 2018

Sec16 [4] 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.