TaxTMI 
TaxTMI 
Dear Experts,
Kindly let us know the maximum limit for availing ITC (IGST) from the date of invoice.
MAXIMUM TIME LIMIT FOR AVAILING ITC
08 Dec 2018 
7 Replies 
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Input tax credit time limit clarified: claim permitted until the post financial year return deadline or earlier annual return.
The statutory limitation for claiming input tax credit on IGST bars taking credit after the due date for furnishing the return for the month of September following the end of the financial year to which the invoice pertains, or after furnishing the relevant annual return, whichever is earlier; practitioners describe this as effectively allowing credit until the post financial year return deadline or earlier annual return submission, and a judicial challenge questions rigid application of a six month cut off tied to return form timing. (AI Summary)
The statutory limitation for claiming input tax credit on IGST bars taking credit after the due date for furnishing the return for the month of September following the end of the financial year to which the invoice pertains, or after furnishing the relevant annual return, whichever is earlier; practitioners describe this as effectively allowing credit until the post financial year return deadline or earlier annual return submission, and a judicial challenge questions rigid application of a six month cut off tied to return form timing. (AI Summary)