Input Tax Credit time limit: claims barred after the statutory cut-off tied to the next financial year and annual return filing. Claiming Input Tax Credit is barred after the month of September of the financial year following the invoice year or after the date of filing the annual ... Summary
Input Tax Credit time limit: claims barred after the statutory cut-off tied to the next financial year and annual return filing.
Claiming Input Tax Credit is barred after the month of September of the financial year following the invoice year or after the date of filing the annual return, whichever is earlier; this rule prevents amendment of returns to take additional ITC once that cut-off has passed.
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