Sir,
We have filled all GSTR 3B from April to November 2020. but one purchase bill pending petering to May 2020.We claimed the ITC in December 2020., 3B.know Portal Vs books from April to December is matching but month wise not matching because we have pass the pending bill entry in May. please suggest can I face any issue
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ITC Claimed in December 2021 3B
Replies (1)
Under Section 16(4) of the CGST Act, you must claim ITC for a financial year by the earlier of November 30 of the following financial year or the date of filing your annual return (GSTR-9). If you claimed ITC after this deadline, the credit is legally ineligible and cannot be recovered; you may be liable to reverse it with interest and penalties.
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