The system has accepted the invoice for December in March GSTR-1 entry, which was earlier missed.
Will there be any penalty??
Can the recepient claim ITC in March or December if not filed GST returns yet
Replies (4)
Quick Summary
This discussion addresses the implications of uploading a December GST invoice in March. It clarifies that while the invoice can be accepted late, interest penalties may apply to the supplier for the delay. The recipient can claim Input Tax Credit (ITC) in the month the invoice was originally meant for, provided their GST returns haven't been filed yet for that period. For quarterly filers, invoices appear at the quarter's end.