08 May 2018
According to the conditions of ITC we will be claim the credit till sep of next financial year or annual return which ever is earlier, We already filed GSTR-3B but one credit not claimed in GSTR-3B, if we claim in april than it is totally mismatched because FY is changed. How to claim the credit for the month of Mar'18?
08 May 2018
You ll be book the Purchase with GST in Your books of accounts in March. Don't be utilize the Input Credit in the month of March. Also it ll be transferred/accounted under Current Asset head...
After you can utilize the ITC in April month GSTR 3B return...
08 May 2018
In March you must have passed entry for ITC in books. Prepare a reconciliation of ITC between accounts and return. Do not utilise the ITC to the extent not mentioned in the return. Claim the ITC in April return. That's it
08 May 2018
Yes... I understand Your query...
But, You ll book Input with purchase in Your books of accounts. Then pass Journal for adjustment of actual utilized input. Balance c/f to next month / return...
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