Hi,
Can we claim ITC if there are no sale during the year?
We have Input ITC which is not claimed in the return because there is no sale transactions during the year.
Kindly Suggest
Kunal
Menu
ITC claim of GST without any sale during the year
Replies (1)
No restriction in availing or claiming eligible ITC in your monthly return.
Utilization of the same will happen only against the output liability whenever it will occur.
Recent Threads
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
Related Threads
CAclubindia
