Question on ITC

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This query is : Resolved

Quick Summary

If you missed claiming Input Tax Credit (ITC) from April 2022, you can generally still claim it in your first quarter 2023 GST return. The deadline for claiming ITC is typically November 30th of the following year, provided the invoice date is within that period and your supplier has filed their returns. This allows you to adjust the ITC in your June 2023 quarterly return.

Dipankar Maitra

Dipankar Maitra (Querist)
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22 April 2023 Hello,

I had an ITC of 3200 approx on April 2022 which I forgot to account for. Is it allowed to adjust that ITC in the first quarter of 2023? I submit GST quarterly.

Regards

CA SANDESH MAHIPAL

CA SANDESH MAHIPAL (Expert)
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22 April 2023 If Invoice date is of April, 22 month, then last date for claim of this ITC as per GST provisions is 30th November, 2023. Therefore, you can easily avail this ITC in next JUNE, 23 QUARTERLY return. Regards

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
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19 July 2025 Yes, you can claim that ITC of Rs. 3200 in your first quarter GST return of 2023 provided it is within 1 year of invoice date and supplier has filed the relevant GST returns.

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