Go AD-Free with CAclubindia Pro and Daily Mobile Updates. Subscribe Now!

itc 2017-18 claim 3b 2018-19

Trilochan Singh Arora (Korba) (314 Points)

07 May 2018

Feb march ITC take April 3b but my question purchase bill will be entry Feb march or April

Reply
Follow
Share

2 Replies

RAJA P M ("Do the Right Thing...!!!") (128111 Points)
Replied 07 May 2018

Dear Mr Trilochan Singh Arora.,

When You received the such goods and Invoice at the time You ll be book the Purchase in Your books of accounts...

If just forget the ITC then just take it April... But, Book Your purchase in Feb or March (when you get invoices)

2 Like

Pankaj Rawat (GST Practitioner) (55062 Points)
Replied 08 May 2018

Purchases u will be book in feb , march pertaing to that month , but u have taken the input for the same in april18, so no problem , just prepare reconciliation statement for the same