Taking ITC on same invoice more than once

[ASHOK PATRA]

Whether GST credit can be taken more than once (may be twice) in different months against same GST invoice issued by vendor without exceeding GST amount charged in the said invoice?

AI Summary

Claim GST Credit Once Upon Full Receipt, Not In Parts, per Section 16(2)(d) Guidelines. A participant in a discussion forum inquired about the possibility of claiming GST credit more than once for the same invoice across different months. Experts responded, advising against splitting credit claims. Under GST, unlike previous CENVAT rules, credit should be claimed in full once the last lot of goods is received, even if deliveries are staggered. The forum highlighted that splitting credit is not permissible for either goods or services, as per Section 16(2)(d) of the GST provisions. The consensus was that credit should be taken only once, upon receipt of all goods or services.