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 in my 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

Taxpayer's ITC Reversal Justified Due to Late GSTR-3B Filing; Section 16(4) of CGST Act Enforced A participant sought clarification on a notice received for reversing Input Tax Credit (ITC) for the fiscal year 2018-19, as they filed the GSTR-3B return in December 2019, after the deadline of September 2019. Respondents explained that according to Section 16(4) of the CGST Act, the deadline for claiming ITC is the due date for filing the GSTR-3B return for September following the fiscal year. Since the return was filed late, the ITC claim is time-barred, and the department's notice is justified. The only remedy suggested was a representation to the GST Council.