banner_ad

Input Credit under GST

ITC / Input 282 views 5 replies

Sir/Madam

As we know that the final time to take the unutilised input credit of GST for Financial Year 2018-19 was September 2019. Is there anyway to take the input tax credit now for inputs which are still unutilised of FY 2018-19

 

Thanks 

 

Replies (5)
Are You asked Your query correct way or wording...?

I think You & (Make we/me) confused about Avail & Utilize...

Avail - It means Input Taxes taken/calculate from Purchase invoices and it's shown in GSTR 3B return. After its showing in Your Credit Ledger...

Utilize - It's mean after the above said activity and utilise with Output liability to Input Tax...

Now.,

No more time limit for ITC utilisation...
ITC avail (missed in PY tax) time limit is 30th September 19 for FY 18-19...
No you cannot it's clearly prescribed in section 16 of CGST Act , Sept month following FY or Annual return filed whichever is earlier.
As per Section 26 of the CGST Act prescribed avail the missed ITC September month of the following Financial Year or Annual Return filed whichever is earlier .
If still I hav nt filed my 3B since July 19 then can I take missed itc of Fy 1819 ?
@ Mr Pawan Parikh.,

Yes... You can claim ITC GSTR 3B or Annual return which is earlier...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details