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Yes. You can take the input tax credit on any bill which has been raised on or after April 1 till March 31 of that financial year. There is no penalty for not claiming the ITC and the portal allows you to take it even if you have failed the returns for the month in which the invoice was raised
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Wazzeer Professional Network
ProfessionalCan I take GST input credit for an invoice that was raised against my company 2 months ago?
One of my vendor had raised an invoice 2 months ago and I forgot to take input credit on the same and I have also filed GSTR 3B. Can I take input credit in my next filing. Will there be any penalty
-
Wazzeer Professional Network
ProfessionalYes. You can take the input tax credit on any bill which has been raised on or after April 1 till March 31 of that financial year. There is no penalty for not claiming the ITC and the portal allows you to take it even if you have failed the returns for the month in which the invoice was raised
2 months ago
View answer
Can I take GST input credit for an invoice that was raised against my company 2 months ago?
One of my vendor had raised an invoice 2 months ago and I forgot to take input credit on the same and I have also filed GSTR 3B. Can I take input credit in my next filing. Will there be any penalty
-
Wazzeer Professional Network
ProfessionalYes. You can take the input tax credit on any bill which has been raised on or after April 1 till March 31 of that financial year. There is no penalty for not claiming the ITC and the portal allows you to take it even if you have failed the returns for the month in which the invoice was raised
2 months ago
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