Invoice received late more than 180 days
This query is : Resolved
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 ]
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 ]
22 September 2020
Yes, you must claim the ITC in the GSTR3B of september,2020.Thereafter ITC will not be available.
23 September 2020
Thank for your response... kindly highlight the rule for the same that how can this can be claim upto Sep-2020 then after not ?
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."
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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