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Input on goods related to 19-20

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ca1419$

CA Article

37 Points Joined October 2020

Dear Sir,

in fabrication work, Proprietorship missing input credit some bills related to 2019-20. in 2020-21 up to June 2020 GST returns filed.

is it possible to claim input credited related to 19-20 in July 2020 GSTR 3B.

As per books can we take input in March 20. but claim in July 2021 return.

Replies (3)

Sonu Maheshwari

Jr. Account & Finance Manager

213 Points Joined July 2009

U can claim fy 19-20 input under July 20 returns

JATINDER KUMAR

Accountant

3662 Points Joined May 2018

You can not claim ITC for bills related to F.Y. 2019-20 (Last date was 20/22/24.10.2020)

As per the GST act, where such ITC is not claimed by such person in respective month, the same would be claimed by such person at any time up tothe due date of filing return for the month of September following the end of any financial year (in this case 2019-2020).