Cut off date to Avail the GST Tax benefits

[KUMAR Narasimhan]

Dear Sir/ Madam,

For FY 19-20, Output tax Incorrectly processed between IGST to CGST and SGT in GSTR-3B, this correction to be made on or before of September in next Financial year. But please clarify is there any due date extension further due to covid to do this adjustment.

What is the due date to avail ITC for FY 19-20

AI Summary

GST cut-off for input tax credit: corrections must be filed by the prescribed return; refund remedy exists for misallocated tax.
Corrections for a financial year must be made before filing the prescribed return for the specified month in the next financial year or before filing the annual return, whichever is earlier; the same cut off applies to availing input tax credit. Misallocation between integrated and central/state tax can be remedied by claiming a refund of the wrongly paid tax and paying the correct tax, pursuant to the GST refund/remedial provisions, and a departmental circular addresses the procedure.