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GST related query.........

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Ajnas

Student

844 Points Posted on 11 February 2021

GST debit note issued by the supplier Rs. 180000+18% in December 2020 relating sale Rs. 150000+18% october 2019, then recipient can claim itc on such debit? Itc availament time limit is applicable on such debit note? ( September month return due date or actual date of filing the annual return whichever is earlier )

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Quick Summary

This discussion addresses whether a recipient can claim Input Tax Credit (ITC) on a GST debit note issued in December 2020 for a sale made in October 2019. The query also seeks clarification on the applicable time limit for claiming such ITC, specifically if it relates to the September return filing deadline or the annual return filing date. The advice provided suggests that ITC can be claimed now, as debit notes are now considered separate from the original invoice.