banner_ad

What is availment of credit and last date for availment of credit for the year 17-18

ITC / Input 385 views 3 replies
Hello Guys,

I am confusing with availment of credit of input tax.
What does it mean??
Is it claiming credit in GSTR 3B.
what is last date for availment of credit for the year 17-18.

And one more thing is my client is filed nil return even though taxable supplies were there in the month of feb 2018 and tax on that sales were clubbed in the month of August 2018 and availing credit in that month to pay output tax. Is it correct or how to deal with it in GSTR 9??
Replies (3)
1. In term of Order 1/2018 CT , last date avail ITC for FY 2017-18 is 31/3/2019.

2. Need report the sale in Table 10 of GSTR 9 (Sale pertain to Feb 2018 but reported in 3b in August 2018) .
Thank you rawat ji

Is it that such tectict will not attract itetest and penalty for willful defsult,? This will also affect purchaser as 92A will appear very late.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details