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All QuestionsCategory: GST ConsultancyGst input credit
Profile photo of Dev KumarDev Kumar asked 1 month ago

Gst input credit

Bill received in June 2020 for security services for the month of April 2020, shown in April GSTR 2A. We want to take input in June 2020. Can we do so?

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1 Answers
Profile photo of Abinash PattanayakCA Abinash Pattanayak answered 4 weeks ago

Time limit to claim ITC against an Invoice or Debit Note is earlier of below dates:
The due date of filing GST Return for September of next Financial year
OR
Date of filing the Annual Returns relevant for that Financial year.
Since this is only three months old invoice. Hence ITC can be claimed now in the month of June.