Time limit of utilizing GST input tax credit
This query is : Open
16 September 2019
I request expert opinion for the following :
We are aware that the time limit for taking GST Input Tax credit before September of the following Financial year or before submitting annual GST return which ever is earlier.
Our question is whether any time limit is prescribed for utilization ITC Credit or it can be carry forwarded in n number of years.
We are aware that the time limit for taking GST Input Tax credit before September of the following Financial year or before submitting annual GST return which ever is earlier.
Our question is whether any time limit is prescribed for utilization ITC Credit or it can be carry forwarded in n number of years.
16 September 2019
No time limit is prescribed for utilization ITC Credit and it can be carry forwarded in n number of years.
16 September 2019
Thank you very much sir.
16 September 2019
time limit is for ITC availed and not for utilization you can utilized ITC for no. of years
16 September 2019
@ Mr Karim N Sheikh.,
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