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ITC claim for the period 2019-'20

RAJENDRAN PADMANABHAN (26 Points)

19 August 2020

Can I get ITC claim for the missing purchase bills for the F.Y.2019-'
20 in current year 2020-'21.

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4 Replies

prasad Nilugal (3914 Points)
Replied 19 August 2020

If you miss to take credit in f.y. 2019-20 , you can claim ITC of f.y 19-20 up to September month GSTR 3B return date of year 2020 subject to you are having valid purchase Tax invoices.

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RAJENDRAN PADMANABHAN (26 Points)
Replied 19 August 2020

Thanks

annu Goyal (1102 Points)
Replied 19 August 2020

Yes, you can take ITC
as per sec 16(4) ITC can be avail till September gstr3b of succeeding year(In your case Sept. 20)or date of annual returns whichever is earlier