No ITC on invoices raised for the past period as hit by Period of Limitation

Last updated: 23 August 2022
Quick Summary
The Andhra Pradesh Authority for Advance Ruling (AAR) has decided that a company cannot claim Input Tax Credit (ITC) on monthly rental invoices if they are raised after the statutory time limit. The ruling stated that the tax invoice must be issued within 30 days of the supply of service to be eligible for ITC under Section 16(4) of the CGST Act. Therefore, invoices for past periods, even if claimed before the GSTR 3B or annual return filing deadline, are not eligible for ITC.

Court :
AAR, Andhra Pradesh

Brief :
The AAR, Andhra Pradesh, in the matter of M/s. Vishnu Chemicals Limited, [AAR No.21lAP/GST/2021 dated July 20, 2021] has held that no Input Tax Credit ("ITC") on monthly rental tax invoices raised after the expiry of the period of limitation.

Citation :
AAR No.21lAP/GST/2021 dated July 20, 2021

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Bimal Jain
Published in GST
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