ITC availment for FY 2018-19

[Charan N]

Good Morning to all,

Can anyone please clarify my doubt. We have filed GSTR 3B of March 19 in the month of Dec 2019. Now the department sent notice for reversal of ITC as the FY 2018-19 ITC claim due date over as per Section 16(4). As per this section and what I understand upto my knowledge is the after the due date of furnishing of the return for the September month. But here inmy case I filed 3B of March before September and not calimed ITC in September or later month. Please guide me on this as this is very important to me now.

AI Summary

Late GSTR-3B Filing in December 2019 Denies Input Tax Credit for 2018-19 Due to Section 16(4) Deadline An individual sought clarification on a Goods and Services Tax (GST) issue regarding Input Tax Credit (ITC) for the fiscal year 2018-19. They filed their GSTR-3B return for March 2019 in December 2019, beyond the deadline for ITC claims as per Section 16(4) of the GST Act, which requires claims to be made by the due date for the September return. A respondent explained that since the return was filed after the October 20 deadline, the ITC is not available. The individual was seeking guidance on this important matter.