banner_ad

ITC on Capital Good Purchase last year

ITC / Input 220 views 2 replies

Please Reply Me

My company Purchase capital good in FEb 20 ,but forget to take ITC in Feb /March 20 3B

Now change FY 2019-20 to 2020-21 , Can We Take ITC of FY 2019-20 In FY 2020-21 Monthly 3B and how can take

Thanks

Replies (2)
As Per GST law, Time limit to claim ITC against an Invoice or Debit Note is earlier of below dates:

The due date of filing GST Return for September of next Financial year (i.e 20th October, 2020)
OR
Date of filing the Annual Returns relevant for that Financial year

So, you can take ITC of Capital Goods Purchased in February, 2020 in F.Y 2020-21 up to 20th October, 2020 in any GSTR 3B (add this with normal ITC of that month in "other ITC" column)
Actually Right sir


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details