ITC Availability pertaining to previous Financial Year

[Ashiesh Prremji]

Dear Sir,

As we know to avail ITC, we have time upto September month in current month. My query is, if we have booked Invoices of FY 18-19 in current FY 19-20 & availed ITC on the same in 19-20 upto Sep 19 only. Is there any issue or ITC is ineligible ? Please clarify Sir....

Thanks!

AI Summary

ITC availment period: prior-year credit may be claimed until filing the return under Section 39, subject to disclosure rules.
Taxpayers may avail Input Tax Credit for a prior financial year up to the statutory return-filing deadline for that year. Where return tables lack a specific row for certain credits, taxpayers may report import IGST credit in FORM GSTR-9 Table 6(E) to ensure such credits are captured in the annual return.