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Missed ITC..
ITC of november 2020 cannot be taken now.
Till the return of September of the next FY
Due date of return (GSTR3B) of September of the next FY
ITC of any FY is allowed earlier of following dates:-
1. September end of next FY or
2. GSTR 9 due date
so practically it September month end return date. In your case it is 30.09.2021.
YES U CAN TAKE ITC OF NOV 20 IN JAN 21 TILL SEPT 21
As per the latest amendment by GSTN, The Debit Note / Credit Note delink., Now there is no link between bill and CN so, We can take ITC on older Invoices too
Atul ji , I think you are talking about to take ITC in the month of Jan 2022 - Answer is No as the time allowed has been elapsed.
I have a question?
If authorities can force you to pay unpaid Outward GST of 2017-18 now for mismatch, error, or for any reason, then why can't they allow traders to take ITC credit of previous years which was missed by error & now appear in mismatch.
Just asking, isn't is unjustified?
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