CLAIMING ITC FOR NIL FILING

Greetings !!

My turnover is less than 20 lakhs and have a gst registration .. how do i claim itc ??

regards

Replies (2)
Quick Summary
If your company's turnover is below 20 lakhs but you have GST registration, you must still charge GST on all bills issued, even from the first rupee. You can claim Input Tax Credit (ITC) as usual by availing it in your GSTR 3B filing. Filing a nil GSTR 3B while providing details in GSTR 1 and claiming ITC on business purchases is generally acceptable.

Hi BKD

if you have registration then even if it is less than 20L , you have to charge gst on each bill the yiu raise ( starting from rupee 1)

further answering to your question, input you cab claim as usual by availing it in GSTR 3B.

for further clarifications you can write to me at sthayin @ gmail

SINCE MY COMPANY REVENUE WAS LESS THEN RS 20 LAKHS I WAS FILING NIL GST3B THOUGH IN GSTR1 I PROVIDED THE DETAILS .. AND CLAIM ITC ON PRODUCTS BOUGHT FOR COMPANY USE .. HOPE THAT IS OK ??

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details