Input Issue

This discussion addresses a common input tax credit query where goods are dispatched in one month but received in the next. The supplier invoices in December 2020, but the recipient receives the goods in January 2021. While the supplier reflects this in their December filings, the recipient accounts for it in January. The recipient is concerned about portal alerts when manually entering the credit in January and the potential for departmental notices. The advice given is to claim the credit in the month of receipt, as the portal alert is precautionary. If a notice (SCN) is issued, a reconciliation statement can be prepared to explain the valid reason for the timing difference.