By mistake input not claimed
ravinder singh (13 Points)
08 May 2019
by mistake input of month may2018 not claimed can we claim it now?
ravinder singh (13 Points)
08 May 2019
Umesh Sharma
(student)
(350 Points)
Replied 08 May 2019
yes you can claimedin in next return or subsequest return
Swami Ayyappa Nuli
(TAX ADVISOR & CONSULTANT AT G.S.T SUVIDHA CENTER)
(1372 Points)
Replied 08 May 2019
As per 16(4): A registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services or both after the due date of furnishing of the return under section 39 for the month of September following the end of financial year to which such invoice or invoice relating to such debit note pertains or furnishing of the
relevant annual return, whichever is earlier.
Since the invoice for which credit unclaimed belongs to F.Y: 2018-19, I.T.C with respect to such invoice can be claimed on or before the due date of furnishing the return for the month of September,2019 u/s.39(1) i.e. 20th,October 2019
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
