Dear sir,
Received a purchase bill of 31.01.2018 in May'18. Can we take input against that bill in May'18 ? OR anyother way to book that bill...plz suggest.
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Input tax credit against bill of fy 2017-18 rcv in 2018-19
Replies (3)
ENTERED SUCH BILL IN THE MONTH OF JAN
AND YES U CAN TAKE INPUT TAX CREDIT OF SUCH BILL IN THE M/O APRIL 2018 IN GSTR_3B
same as sale bill than what?
Payable with interest from the date of Sale....
As per my experience...
In the Indirect Tax regime (Sales, Service & Central Excise) we have the time limit (90 to 180 days) for the Inward supplies...
But, no more time limit for Outward supplies.
Bcoz,
It's from Our end. So, no way for missing. If we missed the outward invoice then we ll give the penalize under the above act...
Practically it's not available in GST...
As per my experience...
In the Indirect Tax regime (Sales, Service & Central Excise) we have the time limit (90 to 180 days) for the Inward supplies...
But, no more time limit for Outward supplies.
Bcoz,
It's from Our end. So, no way for missing. If we missed the outward invoice then we ll give the penalize under the above act...
Practically it's not available in GST...
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