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Fy 19-20 itc claimable ya not in fy 20-21

Kanchan Chauhan (45 Points)

25 September 2020

can I take itc fy 19-20 in fy 20-21

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prasad Nilugal ( GST Practitioner & Accounts ) (14644 Points)
Replied 25 September 2020

Any Invoice of F.Y 19-20 where ITC has not been claimed in F.Y 19-20 , Can be claimed up to the date of September 2020 month GSTR3B return , subject to It should not under blocked credit under section 17(5) of the CGST act 2017 .

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 25 September 2020

Haan ji aap September month ki return tak credit avail Kar saktey ho

Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 27 September 2020

Yes, you can take credit of F.Y 2019-20 in F.Y 2020-21, but on or before due date of filing return of September, 2020 (i.e on or before 20th October, 2020) in any return i.e September, 2020 or any earlier months GSTR 3B.