Eligible input tax
This query is : Resolved
23 June 2018
Sir, As per my understanding on the GST Act, whatever eligible inputs are missed out upto 31-03-2018 from 01-07-2017, can be availed from June, July, August, or september 2018 GSTR 3B returns ,for which GST returns yet to be filed, whenever you found such omission on account of annual audit. However, eligible input related bills shall be accounted during the financial year 2017-2018 only. Whether my understanding is correct?
24 June 2018
Yes your understanding is right.
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24 June 2018
Thank you sir, i would like to further extent the above doubt that in a scenerio where i have found 9 missing bills each of one month ie. starting from July 2017 to march 2018. Now do have to enter all the minssed bills in the books of accounts in the month of March 2018 or do have enter as per the bill dates ie.in the month for which that bill belongs to. Kindly clarify.
24 June 2018
Only March accounts will be kept open till finalisation of accounts hence missed bills have to be entered in March.
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