ITC OF 2019-20

can we claim itc of march 2020 in july 2020 which we forgot to claim earlier?
Replies (4)
Quick Summary
Yes, you can claim Input Tax Credit (ITC) for March 2020 that was missed, even if you are filing in July 2020. The extended due date for the annual return filing to 15th July 2020 and ITC-03 filing to 31st July 2020 allows for this. If you missed claiming ITC for the financial year 2019-20, you have until the due date for filing your September GST returns to claim it.

Yes you may claim
The due date for filing annual return had been extended to 15th July 2020. Hence the form ITC-03can be filed by 31st July 2020. Hence you can claim ITC in july 2020.
@ Mr Shoeb Hasan.,

Yes... You can claim that missed ITC in July-20 return. No more problem.

Note : If taxpayers missed ITC in FY 19-20 then they can claim that ITC on or before filing of September GST returns as per September month's due date...
Yes u can claim

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