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GST Input Credit

Ca Pawan Arora (14 Points)

25 June 2018

We have missed to take credit of dec.2017 invoice.can we take credit of the same in June 2018
GSTR-3B.

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8 Replies

Jatin (Accountant) (3479 Points)
Replied 25 June 2018

Yes, you can take ITC in GSTR 3B - June, 2018

Vinod Babu (24196 Points)
Replied 25 June 2018

Yes you can take missed out ITC of dec17 in June 2018 GSTR 3B

1 Like

hemant (excise ) (111 Points)
Replied 25 June 2018

yes,
you have taken ITC credit month of June 2018.
ITC credit take with in one year, before annual return.

Rammi_RP Rawat (Accountant ) (386 Points)
Replied 26 June 2018

YES, YOU CAN TAKE ITC FOR MISSED INVOICES IN JUNE 2018.

midhun ramesh (fm) (26 Points)
Replied 26 June 2018

yes u can take it but if the expense is an eligible credit and the payment made to the party on or befor 6 months,

CA Naveen Chand (Chartered Accountant) (12739 Points)
Replied 26 June 2018

YES U CAN AVAIL THE ITC

Hardik Lashkari (Content Writer) (3449 Points)
Replied 26 June 2018

Hi Pawan Ji,

According to Section 16(4), A registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for the supply of goods or services or both

(i) after the due date of furnishing of the return under section 39 for the month of September following the end of financial year to which such invoice or invoice relating to such debit note pertains, or

(ii) furnishing of the relevant annual return, whichever is earlier

In your case, you can take the credit of December 2017 invoice in June 2018 GSTR 3B.

Make sure that you make the payment of the invoice within 180 days from the date of issue of the invoice.

Regards

Hardik Lashkari