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Forgot to take itc in f.y. 2017-18

31 July 2018

THERE WERE SOME BILLS THAT WE DID NOT RECEIVED DURING THE F.Y. 2017-18 WE JUST RECEIVED THEM NOW AND IT IS NOW F.Y. 2018-19 HOW CAN WE CLAIM THEIR ITC IN CURRENT F.Y. 2018-19

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3 Replies

CA Naveen Chand (Chartered Accountant) (12739 Points)
Replied 31 July 2018

yes u can claim itc via showing the amount in gstr_3b in eligible itc

RAMAPRASAD (MBA) (246 Points)
Replied 31 July 2018

you claim Till Sep

FY 17 -18 Can be claimed till Sep of next fu

Vinod Babu (24196 Points)
Replied 31 July 2018

Yes can claim your missed out ITC in next GSTR3B returns.

Note: ITC can be claimed only within one year from the date of issue of tax invoice relating to supply. In any other case, the last date to claim ITC is earlier of the two below:

Before the filing of valid return for the month of September following the end of FY to which such invoice is related, or Before the filing of the annual return