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Invoice for FY 19-20 & Submit in Fy 20-21

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Utpal roy

back office asst

254 Points Posted on 07 July 2020

Dear Sir,
We received services from a chennai based co. & place of service is west bengal in the month of January 2020 and we advanced them half the amount. After completing the job we requested them to submit the bill. But, they submitted the bill in July 2020. Now henceforth how do we post the bill for GST return.
Regards,

Replies (3)

Quick Summary

This discussion addresses a query about claiming Input Tax Credit (ITC) for services received in January 2020 (FY19-20) but invoiced in July 2020 (FY20-21). The advice given is to claim ITC on the date the bill was received, as the services were already rendered. This ITC should be reported in Table 4 of GSTR 3B.

Pankaj Rawat

GST Practitioner

55067 Points Posted on 07 July 2020

You are the Recepeint of Services.
hence , you need to avail ITC on the bill reced date. (As the Services for which already be provided) .

Report ITC in table 4 of GSTR 3B