ITC on Import IGST
This query is : Resolved
Quick Summary
Rakesh Sharma
(Querist)
04 December 2023
Dear Experts,
We have paid custom duty including IGST on 20th Nov 2023 and it is showing in 2A, but we received the goods on 03rd Dec-2023.
Can we claim ITC in Nov or we should avail the same in Dec because of 16(2)(b) condition.
Kindly advise.
Rakesh Sharma
We have paid custom duty including IGST on 20th Nov 2023 and it is showing in 2A, but we received the goods on 03rd Dec-2023.
Can we claim ITC in Nov or we should avail the same in Dec because of 16(2)(b) condition.
Kindly advise.
Rakesh Sharma
CA R SEETHARAMAN
(Expert)
05 December 2023
Avail ITC in December based on receipt of goods.
Rakesh Sharma
(Querist)
05 December 2023
Respected Sir, thank a lot for your prompt response as always
CA R SEETHARAMAN
(Expert)
05 December 2023
You are welcome...
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