ITC CLAIM AFTER ONE YEAR

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This query is : Resolved

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A client filed their GST 3B for September 2018 in November 2019 and is now asking if they can still claim Input Tax Credit (ITC) for that period. They have also received a notice from the GST department regarding the reversal of ITC for September 2018. According to Section 16(4) of the GST Act, ITC claims must be made by the due date of the September return or the annual return filing, whichever is earlier. Therefore, the notice is likely valid, and the primary recourse is to file an appeal. It's crucial to provide a proper reply to the GST notice.

DHARMESH R MASHRU

DHARMESH R MASHRU (Querist)
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25 January 2021 I HAVE FILLED 3B OF SEP 2018 FOR MY CLIENTS AS ON NOV 2019 CAN I CLAIM AND ELIGIBLE ITC FOR SAME MONTH IN NOV 2019? AND I HAVE RECEIVED NOTICE FROM GST DEPARTMENT FOR REVERSAL OF ITC FOR SEP 2018 PLEASE HELP

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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25 January 2021 As per Section 16(4), any Assessee claimed ITC for any year Till the due date of filing of September return or filing of annual return whichever is earlier. So, notice is valid. The only solution of the above mentioned problem is appeal.

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DHARMESH R MASHRU

DHARMESH R MASHRU (Querist)
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26 January 2021 THANKS

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CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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26 January 2021 Welcome... My pleasure....