ASST MANAGER - ACCOUNTS AND FINANCE
44 Points
Joined September 2011
As per Section 16 (15) of the MGL, ITC cannot be taken beyond the month of September of the following FY to which invoice pertains or date of filing of annual return, whichever is earlier.
The underlying reasoning for this restriction is that no change in return is permitted after September of next FY. If annual return is filed before the month of September then no change can be made after filing of annual return.
So, in this case you can claim input tax credit.