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Input tax not claim

04 July 2020

I have filed my March 2020 gst 3b return. but I have received some purchase bill of January after filling of gstr 3 b. I want to ask can I take benifit of input tax in the month of May 2020.

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10 Replies

Shubha M (Student) (135 Points)
Replied 04 July 2020

ITC cannot be taken beyond the month of September of the following FY to which invoice pertains or date of filing of an annual return, whichever is earlier. As both not yet over you can take it.

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Santosh jaiswal (281 Points)
Replied 04 July 2020

Yes you can claim credit in the month of may

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 05 July 2020

@ Mr Jamal Uddin.,

Yes... You can claim the missed ITC in May-20 GSTR 3B return. No more problem.

KRISSHNAN KP (4215 Points)
Replied 05 July 2020

If you are having enough proof for the same you can avail

Hemal Makwana (Designation) (771 Points)
Replied 05 July 2020

You can avail such ITC in May 2020 GSTR-3B

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KRISSHNAN KP (4215 Points)
Replied 05 July 2020

Need any further information please contact me

Vijayprakash P (1313 Points)
Replied 05 July 2020

You can claim ITC during the month of may 2020

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 06 July 2020

Yes you can consider those bills in your 3B for May 2020 & can avail ITC on same

Bhavika Kothari (CA) (1258 Points)
Replied 10 July 2020

Yes you can.
The time limit to claim ITC is as follows:
The due date of filing GST Return for September of next Financial year
OR
Date of filing the Annual Returns relevant for that Financial year, whichever is earlier