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ITC of GSTR 2A

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Pallavi Tarafdar

30 Points Posted on 09 June 2020

Hello

I forgot to take available ITC as per GSTR 2A of FY 18-19 in the month of September 2019 while filing GSTR 3B and GSTR 1. As of now filing of GSTR 3B and GSTR 1 is pending from the month of March 2020. Is it possible to take available ITC as per GSTR 2A of FY 18-19 in the GSTR 3B of March 2020? Please let me know at the earliest.

Replies (6)

Quick Summary

This discussion addresses whether Input Tax Credit (ITC) available as per GSTR 2A for the Financial Year 2018-19 can still be claimed in the GSTR 3B filing for March 2020. The general consensus is that ITC for FY 18-19 must be claimed by September 2019. While there's a slim possibility if the government extends the deadline, as seen in previous years, it's generally not permissible to claim prior year ITC in the current financial year's returns.

Pankaj Rawat

GST Practitioner

29904 Points Posted on 09 June 2020

As per Section 16 of CGST Act & till date no Notification in regard for extension of same , you cannot avail the ITC for 2018-19 in March 2020.

KRISSHNAN KP

1708 Points Posted on 10 June 2020

It is not possible to avail the ITC for previous assessment year

Pallavi Tarafdar

30 Points Posted on 10 June 2020

I think somehow my question is wrong. My perception is to use ITC of GSTR 2A of FY 18-19, which was not used in FY 18-19 to setoff the GST payment. Can this unavail ITC of GSTR 2A of FY 18-19 be used in GSTR 3B of March 2020 i.e. FY 19-20 to pay GST? If it can be done then, should I need to do something in GSTR 9 of FY 18-19? Please let me know.

Pankaj Rawat

GST Practitioner

29904 Points Posted on 10 June 2020

NO...... YOU CANNOT, THE ITC FOR 2018-19 CAN AVAIL TILL SEPT-2019 MONTH RETURN.

Padmanabhan

Student

553 Points Posted on 10 June 2020

At present you can't do anything.
If the government allows you to take ITC till the filling of annual return as like 17-18 you might get a chance.
So don't file your annual return.