22 September 2020
If invoice received late i.e. after 180 days from the date of invoice, then GST ITC can be claim ? Payment is pending ?
e,g, Invoice date 25.01.2020 and received on 10.09.2020, so can we take GST ITC while booking invoice ? [Note: payment will be pay after booking above invoice ]
23 September 2020
Please refer section 16(4) of CGST Act,2017 which says "A registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services or both after the due date of furnishing of the return under section 39 for the month of September following the end of financial year to which such invoice or such debit note pertains or furnishing of the relevant annual return, whichever is earlier."
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