please tell me the due date for GST ITC 03 ?
somewhere Due date is 60 days from the commencement of FY and somewhere is 90 days from the commencement of FY. which is correct ?
Menu
Gst ITC -03 Due date
Replies (3)
This form has to be filed within 60 days from the commencement of the financial year
GST ITC 03 has to be filled within 60 days from the commencement of the financial year.
If a taxpayer is filing ITC 03 on account of opting for composition scheme, he should file this form once in a financial year. This is because once he opts for composition scheme in the beginning of the financial year, it cannot be changed till the next financial year. This form has to be filed within 60 days from the commencement of the financial year.
If a taxpayer is filing ITC 03 on account of products or services becoming exempt, he should file the form as and when the notifications are issued.
If a taxpayer is filing ITC 03 on account of products or services becoming exempt, he should file the form as and when the notifications are issued.
Recent Topics :
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
Related Topics :
CAclubindia
