We have some foreign exchange transactions with bank and bank was charged gst on it but invoice issued by bank after two to three months. How can I take input tax credit of gst
Ex. Foreign exchange done in November month but invoice is issue in the month of January and we are filed Nov 3B. How I take credit.
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input credit
Replies (2)
You can take credit in January month.
Time limit to take credit is:
earliest of:
September month GST return due date or
Actual date of filing Annual return.
Since your case is well within the said timeline, credit is fully eligible.
Time limit to take credit is:
earliest of:
September month GST return due date or
Actual date of filing Annual return.
Since your case is well within the said timeline, credit is fully eligible.
OK... Thnx
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