Input tax credit of purchases
yugal jain (197 Points)
26 July 2018
if ITC in GSTR 3B for a month is not claimed ...can we claim in the next month?
yugal jain (197 Points)
26 July 2018
Deepak Gupta
(CA Student)
(15922 Points)
Replied 26 July 2018
Yes.
Input tax credit which was not reported may be availed while filing return for subsequent month(s). Further, GSTR-3B does not contain column for reporting of previous month figures. So, should be reported on net basis in the next return.
As per Circular No. 26/2017-GST, dated 29.12.2017
Vinod Babu
(24191 Points)
Replied 26 July 2018
CAclubindia
