Sir, what was the time limit for claiming ITC for F.yr:2017-18, 2018-19,2019-2020.
Time limit for claiming ITC
VIGNESH
Clarification on ITC claim deadlines under GST for 2017-18 to 2019-20; 2017-18 allowed extension to April 20, 2019. The discussion revolves around the time limit for claiming Input Tax Credit (ITC) under the Goods and Services Tax (GST) for the financial years 2017-18, 2018-19, and 2019-20. It was clarified that ITC for a financial year must be claimed by October 20 of the subsequent year. For 2017-18, a relaxation allowed claims until April 20, 2019, as per a specific order by the Central Board of Indirect Taxes and Customs. No such relaxation was provided for the subsequent years. Participants expressed gratitude and agreement with the information shared. (AI Summary)