Regarding Previous Year GST Credit

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108 Points Posted on 06 July 2020
Dear Sir ,

I have Remain GST Credit of Rupees 20000/- of F.Y. 2019-20

Can I adjust this credit in GSTR 3B of April 20
But there is no sales and purchase in regarding month.

so how to claim previous year credit?

Best Regards

Anoop Jain
Mob : 91110-65332
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On 06 July 2020 at 00:24 Report
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Quick Summary
This discussion addresses how to claim leftover GST credit from a previous financial year, specifically ₹20,000 from FY 2019-20. The advice clarifies that this credit can be adjusted against future outward supplies as per Rule 88A. It will remain in the credit ledger until utilised, meaning it can be claimed on subsequent demands even if there were no sales or purchases in the immediate preceding month.

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GST Practitioner
55067 Points Posted on 06 July 2020
The credit lying in your credit ledger can only be adjusted against your outward supply as the manner prescribed in rule 88A

Note : It will remain in your credit ledger unless adjusted.
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On 06 July 2020 at 01:13
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4215 Points Posted on 06 July 2020
You may avail the same on subsequent demand
1 Reply
On 06 July 2020 at 07:01

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