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ITC Claim 2017-2018 onwards

08 October 2020

Hello All Experts,
please suggest how can i claim gst of earlier years (from FY 2017-18 / 2018-19.
my file was tax audit file in previous year as well as current years also

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2 Replies

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 09 October 2020

Time limit to claim ITC of earlier year i.e F.Y 2017-18 and F.Y 2018-19 already passed.

For F.Y 2019-20 you can Claim than in your current month's return on or before due date of September, 20 GSTR3B (i.e 20th October, 2020)

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Shivam RC (Student) (23683 Points)
Replied 13 October 2020

As per the Provision of Section 16(4) of the CGST Act 2017, the last date to claim ITC for a particular financial year is earliest of the following two dates :

(a). Date of filing Return ( FORM GSTR-3B ) for the month of September following the FY to which the ITC pertains ( i.e. 20th October ) or,

(b). Date of filing Annual Return ( FORM GSTR-9 ).

So for FY 2017-18 & FY 2018-19, the due date to claim ITC is gone.

For FY 2017-18 : the due date to claim ITC was extended to the due date of filing Return for the month of March 2019 ( vide Removal of Difficulty Order No. 2/2018 - Central Tax, dated 31st December 2018 ) and for FY 2018-19 : the due date to claim ITC was 20th October 2019.

As far as FY 2019-20 is concerned, you can claim ITC till the due date of filing Return ( FORM GSTR-3B ) for the month of September 2020 i.e. "20th October 2020."