GST ITC of Purchase Invoice

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This discussion clarifies the eligibility for claiming Goods and Services Tax (GST) Input Tax Credit (ITC) on past invoices. According to Section 16(4) of the CGST Act, 2017, ITC for an invoice pertaining to the financial year 2019-20 can be claimed up to 20th October 2020. This date is the due date for furnishing the GSTR-3B return for September 2020, or the filing of the relevant annual return, whichever comes first.

Devraj Dhwiti

Devraj Dhwiti (Querist)
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06 July 2020 Hi Sir,

Greetings!!!

Query - Can we claim ITC of Invoice belongs to July2019 in July2020.

Please help me with the law & provision reference also.

Thanks and regards,
Raj Yadav

CA Anita Bhadra

CA Anita Bhadra (Expert)
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06 July 2020 Yes, You can claim till 20th October 2020.
As per the provision, u/s 16(4) of CGST Act, 2017, a taxpayer can take the input tax credit in respect of any invoice for the supply of goods or services or both before the due date of furnishing of the return u/s 39 for the month of September following the end of the financial year to which such invoice pertains or up to the filing of relevant annual return, whichever is earlier

For 2019-20 you can claim till 20th Oct 2020 ( Date of filing GSTR 3B for Sep 2020)

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Devraj Dhwiti

Devraj Dhwiti (Querist)
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30 July 2020 Thank you for the reference and resolution Mam!!

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