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Gst input credit

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Lokesh Jain

CA CS

96 Points Posted on 23 January 2020

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...

Replies (2)

Quick Summary

This discussion clarifies the deadline for claiming Goods and Services Tax (GST) input tax credit (ITC). According to Section 16(4) of the CGST Act 2017, ITC must be claimed by the due date of the return for September of the following financial year, or the annual return, whichever is earlier. Therefore, ITC for June 2018 should have been claimed by 20th October 2019, and filing the GSTR-3B for June 2018 in November 2019, even with a late fee, means the credit cannot be claimed.

prasad Nilugal

GST Practitioner & Accounts

9000 Points Posted on 23 January 2020

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) .