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Input credit

Vishal Khedekar (5 Points)

28 January 2020

how much time to input credit against output gst.

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6 Replies

RAJA P M ("Do the Right Thing...!!!") (127150 Points)
Replied 28 January 2020

Your query is not cleared dear...

Can You elaborate...?!

CA SANDESH MAHIPAL (Practicing in GST and MSME ) (1985 Points)
Replied 28 January 2020

You can claim ITC for next year's liability also.
Or you may elaborate your query for better resolution.
Regards

Vishal Khedekar (5 Points)
Replied 28 January 2020

Suppose I have 25000 input credit in the month of mar 19 so this input gst how many years will be utilised

RAJA P M ("Do the Right Thing...!!!") (127150 Points)
Replied 28 January 2020

You can utilize anytime, no more restrictions and time limits...

If the credit will be adjusting your output liability any months at going to zero value in electronic credit ledger...

Time period only to availability of ITC through GSTR 3B return not for utilising...