Hello Experts, How long the gst unutilized input credit can be carried forward. thanks in advance
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Quick Summary
This discussion clarifies the rules around unutilised GST input tax credit (ITC). Unlike the time limits for claiming ITC, there is no time limit for carrying forward unutilised GST credit once it has been availed. However, the initial claim for GST credit must be made before filing the September return of the subsequent financial year or the annual return, whichever comes first.
GST ITC, once availed, can be carried forward for infinite time. The time restrictions are prevalent only for availment of ITC and not for the utilisation.