Input tax credit

In the time filled GSTR 2 you accept all Input and correct in GSTR-3 for the relevant month

Originally posted by : Sai Maheswari
	Can I take input tax credit of Oct month bill in Nov return if I forgot to claim it in that month return i. e Oct return

Why not...??!

You can take the ITC on November GSTR 3B return...

Also no way for Input Taken in GSTR 2 and No way for adjustments in GSTR 3 for the FY 2017-18...

So, Don't be wait...

We can take In GST Credit 180 Days

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.

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