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Time limit to claim itc on stock
I want to move from composition dealer to regular dealer. I have stock which I purchased around 1 year ago.. can I claim itc in respect of those stock in form itc1 ? or any time limit for claiming itc on stock
Replies (5)
Quick Summary
You may claim ITC on the stock before that you must assure that the stock are eligible for the same
Is itc on upto 1 years old good can be claimed on finished goods
Yes... Keep Your purchase bills for claim ITC for the stock.
Thanku so much for your valuable feedback
You are most welcome
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