Input Tax Credit
This query is : Resolved
Pragati Sharma
(Querist)
29 January 2021
While filing GST return for May 2020, I considered certain ITC of capital goods pertaining to that month as ineligible because of blocked credit and mentioned under Table 4(d) - ineligible ITC as per section 17(5).
But now in Dec 2020 it was discovered that it is eligible ITC and hence took ITC in GSTR 3B of Dec 2020.
I want to confirm whether this claim of ITC is valid now?
But now in Dec 2020 it was discovered that it is eligible ITC and hence took ITC in GSTR 3B of Dec 2020.
I want to confirm whether this claim of ITC is valid now?
CA R SEETHARAMAN
(Expert)
30 January 2021
Yes it's valid now if invoice dated April or May 2020.
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