if we have not received goods till the end of the month but received before filing of return of that month.
will credit be available to us.
Menu
Regarding GST credit
Replies (5)
YES !!
| Originally posted by : CA Namrata Agrawal | ||
 |
if we have not received goods till the end of the month but received before filing of return of that month.will credit be available to us. |  |
Hi Namrata,
See if you have not received the Goods with tax invoice in the same month then you should not be claimed for ITC.whenever you will receive the Goods with tax invoice then only you should claim the ITC.
you have time to take ITC within 180days
U can't take credit... Itc will be available only on receipt of goods... Take itc in next month.... Return filing is for the respective month
Yes... I agreed to Mr. Manu Kumar Rana and Mr. Divakar...
Both are correctly said the provision related activity...
in case of goods recieved in installments ITC shall be available in the month in which last installment is received so in your case you can't claim ITC in return of previous month which is being filled in the month in which last lot received
Recent Threads
- TAX ON SALE OF COMPANY'S SHARES
- Refund on Hold - Section 245
- CLARITY REGARDING ESIC WAGE CALCULATION AFTER NEW
- GST Rule 14A for Export of Service with Hypothetic
- GST ON QUERY
- Initimation on AIS
- GST on sponsorship from foreign body corporate
- Revised Income tax return karna padega kya
- Registration as deductor on traces site
- Rental Income from a Joint Holding property
Related Threads
CAclubindia
