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Credit Notes for 19-20, 21-22 invoices

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pankaj66668

0 Points Posted on 28 January 2023

I have a customer who is not paying my 3 Invoices of 19-20 and 1 invoice of 21-22. He took the input credit also and did not give any debit note.

Can I raise the Credit note now and claim my ITC in next month;s GSTR3B 19-20, I was not eligible for GSTR9C, 21-22 GSTR9C is filed on Dec 31, 2022. Can we revise GSTR9C also?

Kindly advise.

Thanks

Pankaj Gupta

Replies (3)

Quick Summary

This discussion addresses the possibility of issuing credit notes for unpaid invoices from FY 19-20 and 21-22, and claiming Input Tax Credit (ITC). It clarifies that credit notes for FY 21-22 cannot be issued as the deadline has passed, and only financial credit notes are possible. Furthermore, filed GSTR-9 and GSTR-9C returns cannot be revised by the taxpayer under any circumstances.

CA Sorav Gupta

Chartered Accountant

1005 Points Posted on 28 January 2023

1. You cannot issue the credit notes for the F.Y. 2021-22 as the time for issuance of credit notes has lapsed. You can issue only financial credit notes now.

2. GSTR- 9 & 9C once filed cannot be revised by the taxpayer in any circumstances.

In case of any further queries, kindly mail me at casoravgupta @ gmail.com