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Rulzp (Student CA IPC / IPCC)     04 February 2020

GST input tax credit query

I have a query in GST I have incorporated my company on 1st  Oct 2019 and taken GST registration on 2nd Feb 2020 in this between period I have purchased goods and taken service for which I have paid GST since I was not registered I was unable to take ITC can I claim the same ITC after my registration if yes how to claim since all respective period returns must have been uploaded by the seller

 11 Replies

prasad  Nilugal

prasad Nilugal (Sr . Accountant and GST Practitioner . )     04 February 2020

When  you applied  for GST  Registration ?. 


Yes, you can claim tax credit of stock lying. Supplier return is not relevant. CA certification is required.


Read in full:

1 Like

pankaj (CA)     04 February 2020

You cant take credit unless you have the bill on which ur gst no has been mentioned.
If ur seller revise ur bill and return by putting ur gst no only than u can take credit otherwise it will be cost of ur product.
For further u can contact me CA PANKAJ KUMAR at 9953194281
vasu vasu

vasu vasu   04 February 2020

Hi friends

in the month of October I missed some itc Bill
Can I claim the ITC in the month of November???
please suggest me

pankaj (CA)     04 February 2020

Yes we can take input

Roshni (Studwnt)     04 February 2020

Depends on case to case was it a voluntary registration? or your turnover exceeded the limit
Sivaramaraju G

Sivaramaraju G (Learner)     04 February 2020

@ vasu you can take credit
sagar tatti

sagar tatti   04 February 2020

If I File FORM ITC-01 of amount 150000/-.
my doubt is :-
a. is it's reflect my ITC amount in GSTR2?.
b. how can i utilize ITC amount in GSTR3B?.
C. if it's reflect in GSTR2, how my supplier will file GSTR1 as B2C. how I take ITC

PLZ guide me 🙏..

RAJA P M ("Do the Right Thing...!!!")     04 February 2020

@ Mr Rulzp.,

You can file ITC-01 form and claim such Input Credit through the same.

No need to worry...

@ Mr Vasu Vasu.,

Yes... You can claim ITC for the missed bills.
Pankaj Rawat

Pankaj Rawat (GST Practitioner)     04 February 2020

Dear Rulzp
Pankaj Rawat

Pankaj Rawat (GST Practitioner)     05 February 2020

Dear Rulzp : 

Since you have not mentioned the date of liability to pay tax , hence I assume that you would have applied for registration with in 30Days from the date of liability to obtain Registration. 

In term of Section 18(1) read with Rule 40(1) of CGST Act , you can claim ITC on Input held in stock by filing ITC 01 online on portal .

Note : No ITC is available on Input Services & Capital Goods & you are required file ITC 01 within 30days from date of grant of Registration

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