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Gst input credit


Lokesh Jain (ghy)     23 January 2020

Lokesh Jain
ghy 
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As per 16(4) of cgst act 2017, itc can be claimed within the date of filing of the return.

one of our client utilised the input credit of June 2018 in the month of November 2019.
can we do so?
please give law reference for your answer...

prasad Nilugal (Accountant and GST Practitioner . )     23 January 2020

prasad Nilugal
Accountant and GST Practitioner .  
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As per section  16(4)  of the CGST act  2017  last  date  for Claiming  Input  Tax Credit   is  return  for  the  month  of  September  or  Annual  return  whichever  is earlier . So in your case  last date to claim Input  Tax credit for the Month of June 2018  was 20  OCT  2019  ( GSTR3B for month  of Spt 2019) .

avater

Prakash Bangalore   23 January 2020

Prakash Bangalore

 64 points

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Sir,
But we are filing the june 2018 Gstr 3b filed in November 2019 with late fee.


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