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Gst input tax credit

P MURUGAN (ACCOUNTANT) (179 Points)

12 October 2019

can an assesse avail (itc) and book an entry in October 2019 for the invoices pertaining to the period before 31.03.2019?

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4 Replies

dheeraj gagad (CA) (198 Points)
Replied 12 October 2019

Last date for claiming ITC for FY 2018-19 is Due date of filing of return for the month of September 2019. Yes u can avail ITC

Piali Roy Chowdhury (605 Points)
Replied 12 October 2019

Claim it within 20th October 2018

Shivam RC (Student) (23683 Points)
Replied 12 October 2019

Yes you can claim ITC on Invoice, Debit Note pertaining to FY 2018-19 till the due date of filing GSTR-3B Return for the month of September 2019. The Due Date to file GSTR-3B for the month of September 2019 is 31.10.2019.

Hence the last date to avail ITC is 31.10.2019.

Refer Provision of Section 16(4) of the CGST Act 2017.

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