ITC for 2018-19

189 views
User Avatar

125 Points Posted on 01 September 2020
Can I claim ITC of 2 invoices for the FY 2018-19 as bills received very late so before 30 Sept 2020 is it possible to claim.

Ya its for 2018-19.
0 Reply Share Follow
On 01 September 2020 at 07:45 Report
Replies (2)
Quick Summary
This discussion addresses whether it's possible to claim Input Tax Credit (ITC) for invoices from the financial year 2018-19, even if received late. The consensus is that the deadline for claiming ITC relating to FY 2018-19 has passed. The time limit mentioned, up to the due date of the September 2020 return, applies to FY 2019-20, not earlier years.

User Avatar

Intern
32 Points Posted on 01 September 2020
In which month did your vendor show these invoices in his GSTR-1?
Reply
On 01 September 2020 at 11:50
User Avatar

Tax and Business Consultant
11616 Points Posted on 01 September 2020

Time Limit to Claim ITC relating to F.Y 2018-19 is already passed/expired.
Now, you can not claim that ITC.

Time limit of up to the due date of return of September, 2020 (i.e 20th October, 2020) is for F.Y 2019-20

Reply
On 01 September 2020 at 19:55

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Updating form 10-ee and Schedule FA if there is ch
  2. Sale of property in SLUM area ....SRA
  3. GST applicability on Shipping charges
  4. Outstanding Demand in Income Tax: How To Respond?
  5. LTCG on property sale
  6. Capital gains incidence due to bonus shares
  7. Amendment of Object Clause of Memorandum
  8. How Can I Request a Refund for an Accidental Airte
  9. TDS on salary paid in cash
  10. YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU

More recent discussions | Post

Related Topics :

Loading