Last date to claim GST Input

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An IT service provider had unclaimed CGST & SGST input credit from March 2022. Although they missed the initial deadline of 30th November of the subsequent year, the input credit appeared in their April 2022 GSTR-2B. Experts confirmed that they can indeed claim this pending input credit against their current year dues, as the reflection in April 2022 GSTR-2B effectively extends the claim deadline to 30th November 2023.

Ramaswamy Thiyagarajan

Ramaswamy Thiyagarajan (Querist)
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12 June 2023 Respected Experts,

An Information Technology Service Providers are having CGST & SGST input credit in March 2022 the total of which is about Rs.70,000/-. As they were not not having outward supplies the input was lying without claiming. Also they didn't know that the due date to claim is 30th November of the subsequent year. The said Input got reflected in GSTR-2B of April 2022. Now they are having outward services. Can they claim the pending Input in their current year dues. As the Input reflection was in April 2022 GSTR-2B, can they take it granted as the time limit for claim is 30.11.2023. Thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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13 June 2023 Yes they can claim the pending Input in their current year dues. As the Input reflection was in April 2022 GSTR-2B, they can take it granted as the time limit for claim is 30.11.2023

Ramaswamy Thiyagarajan

Ramaswamy Thiyagarajan (Querist)
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15 June 2023 Heart full thanks to the Expert CA Mr.Seetharaman for clarifying my doubt regarding the due date to claim GST Input related to the last date of the year 2021-22 that is 31.03.2022. Many traders and accountants are benefited by his guidance. He is helping people with his academic and professional knowledge and experience. May he be Blessed with good health and more free time for this service to society.

Read more at: https://www.caclubindia.com/profile.asp?member_id=1135911

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 June 2023 Thank you very much.

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