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input credit

ITC / Input 150 views 2 replies
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.
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.
OK... Thnx


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