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Itc-02 after due date
in case of transfer of business,ITC available on the date of tranfer can be transferred. In case some suppliers file GSTR_1 after due date the same can not be claimed as ITC for the month of Transfer due to Cap of 10% or 5%.Then how to tranfer the balance ITC ?.Can we file ITC-02 after obtaining all ITC in 3B on next two or three months?
Replies (4)
ITC-02 to be filed after transfer of business anytime
Yes you can file ITC 02 after availing the credit on invoices being late furnished by your supplier . But still its advisable the kindly make BTA (business Transfer Agreement) only after all such credit being availed by you.
If one wait for transfer after availing all credit it will be a never ending process or stop purchase for sometime.
Start purchasing from the new gstin. Stop in old one.
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