TaxTMI 
TaxTMI 
XYZ Ltd. received services in the year 2021 but Tax Invoice against the same received from the supplier in the year 2023 and tax invoice date also of 2023. The supplier had filed the returns and the same invoices are appearing in Return 2B also in the respective month of 2023. Can XYZ avail credit in 2023 for the services received in 2021?
Eligibility of ITC
27 Mar 2023 
4 Replies 
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Input Tax Credit eligibility depends on invoice date; late invoices may allow credit, but supplier invoice-timing breach can jeopardize entitlement.
Eligibility for Input Tax Credit turns on the invoice date: a late-dated invoice may permit credit if other statutory conditions are satisfied, but supplier non compliance with invoicing time limits may lead the tax authority to challenge whether the invoice meets the document based condition for credit, potentially provoking contested assessments despite the recipient's argument that supplier compliance is not for the recipient to adjudicate. (AI Summary)
Eligibility for Input Tax Credit turns on the invoice date: a late-dated invoice may permit credit if other statutory conditions are satisfied, but supplier non compliance with invoicing time limits may lead the tax authority to challenge whether the invoice meets the document based condition for credit, potentially provoking contested assessments despite the recipient's argument that supplier compliance is not for the recipient to adjudicate. (AI Summary)