Go AD-Free with CAclubindia Pro and get a FREE CCI Coffee Mug. Subscribe Now!

Regarding GST credit

12 January 2018

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.

Reply
Follow
Share

5 Replies

CA Naveen Chand (Chartered Accountant) (12739 Points)
Replied 12 January 2018

YES !!

Upgrade to CAclubindia Pro. Subscribe Now!

Manu Kumar Rana (New Updates ) (358 Points)
Replied 12 January 2018

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

Divakar (Student CA Final ) (11857 Points)
Replied 12 January 2018

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

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 12 January 2018

Yes... I agreed to Mr. Manu Kumar Rana and Mr. Divakar...

Both are correctly said the provision related activity...

karan narula (CA) (43 Points)
Replied 12 January 2018

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