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Claim of input tax

SUMIT BADYAL (665 Points)

22 July 2020  
we have missed some input tax purchase bill of 2019, so how we claim those bill.

 7 Replies

Sagar Patel (Tax and Business Consultant)   (11391 Points)
Replied 22 July 2020

You can claim input tax credit of purchase bill of F.Y 2019-20 in GSTR 3b return up the return of September 2020
But you can't claim ITC of purchase relating to F.Y 2018-19 as the due date for claim of ITC is already expired.
So, if your purchase bill are after 01 April 2019 than you can claim it in 3b return up to September 2020 return.
1 Like

SUMIT BADYAL (665 Points)
Replied 22 July 2020

So we are claiming input when we are preparing annual gst return right.

Soundarya Paramaraj (138 Points)
Replied 22 July 2020

Is compulsory for every registered person to file annual gst return?

Ramya Bhat (246 Points)
Replied 22 July 2020

If the turnover is more than 2crore it's compulsory to file annual return
1 Like

Vijayprakash P (1308 Points)
Replied 22 July 2020

The due date for claiming of ITC relating the purchase for the FY2018-29 was over. Hence it is impossible.
1 Like

Shivam RC (Student) (23631 Points)
Replied 23 July 2020

If the bill pertains to FY 2019-20, then the last date to claim ITC is the due date of filing September months Return ( 20th October 2020 ) or the date of filling Annual Return ( GSTR-9 ), whichever is "EARLIER."
3 Like

Mukesh Katara (Account manager) (483 Points)
Replied 23 July 2020

Agree with Experts reply

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