If we get ITC from any company for the said year 2018-2019. and the company filed GSTR3B and GSTR1 in proper way and proper time. but the same company's registration cancelled in the year 2022-23.
Did we get ITC.
3 Replies
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 25 April 2023
Yes you will get ITC subject to section 16(4)
sabyasachi mukherjee
(27574 Points)
Replied 25 April 2023
Wr
please note itc accumulated if any can be set off in succeeding years.
please note itc accumulated if any can be set off in succeeding years.
CA SANDESH MAHIPAL
(Practicing in GST and MSME )
(1985 Points)
Replied 25 April 2023
If you have availed ITC in compliance to requirements of section 16 in fy 18-19, there should not be any impact of cancellation of supplier's GSTIN in fy 22-23 on your ITC.
Regards
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