What is the due date of filing itc-03

ITC / Input 1758 views 4 replies

Deep Shah

Job

169 Points Joined May 2017

Hello Members,

What is the due date of filing ITC-03 ? (shifted from regular tax payer to composition scheme on 25th March 2018) since somewhere I have seen 30 days, 60 days and somewhere 180 days also.

Secondly though I have filed ITC-03 successfully with offline tool on 16th April 2018. But while making payment (offset liability) : "system error" message is coming. I am trying from last 9 days but same error message come. I have also raised greivance through GST Portal on 16th April but received no reply yet and hence I have also raised greivance through by calling also but getting no positive response they are telling they will check and get back to you. What should I do? Anybody else facing such problem ?

What is late return penalty of ITC-03? since I have taken composition scheme on 25th March 2018 and if there is 30 days for filing than today i.e. 24th April 2018 is due date to me for filing ITC -03.

Replies (4)

CA Rashmi Gandhi

Chartered Accountant

86505 Points Joined April 2011

Last date is 30 days from opting composition.

Shridhar Kulkarni

2 Points Joined October 2017

Sirji iam facing problem with itc03 from offline tool to gst portal since it is asking your invoice date format is inaccrate.since you have filed itc03 successfully.please tell me

Deep Shah

Job

169 Points Joined May 2017

Originally posted by : Shridhar Kulkarni
	Sirji iam facing problem with itc03 from offline tool to gst portal since it is asking your invoice date format is inaccrate.since you have filed itc03 successfully.please tell me

invoice date format is dd-mm-yyyy

And my return is ready but unable to file the same. It show System error while uploading.

Sivaraman A R

1044 Points Joined January 2009

A dealer was registered as regular dealer for the period *01.07.2017 to 30.09.2017*. Then from 01.10.2017 he opted for Composition scheme by filing Form GST CMP 02. But he has not filed hitherto *GST ITC 03* (Details of ITC on stock which should be reversed).

Due date for filing ITC 03 – 31.03.2018 (180 days from opting)

*What is the consequence of not filing ITC 03 till date?*

_ITC 03 should be filed within 180 days from the days on which such person commences to pay tax under composition_