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ITC Availability pertaining to previous Financial Year

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....TC Availability pertaining to previous Financial Year<br> Query (Issue) Started By: - Ashiesh Prremji Dated:- 28-9-2020 Last Reply Date:- 28-9-2020 Goods and Services Tax - GST<br>Got 2 Replies<br>GST....

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....<br>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 u....

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....pto Sep 19 only. Is there any issue or ITC is ineligible ? Please clarify Sir.... Thanks! Reply By KASTURI SETHI: The Reply: No problem. You are entitled/eligible up to 20.10.19 for the financial y....

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....ear 18-19 or the date of filing return under Section 39. Reply By Himansu Sekhar: The Reply: In this regard, for 17-18 when the ITC was availed in 18-19, CBIC had issued a Press release which may be....

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.... useful to you. &quot;Many taxpayers have represented that Table 8 has no row to fill in credit of IGST paid at the time of import of goods but availed in the return of April 2018 to March 2019. Due ....

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....to this, there are apprehensions that credit which was availed between April 2018 to March 2019 but not reported in the annual return may lapse. For this particular entry, taxpayers are advised to fil....

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....l in their entire credit availed on import of goods from July 2017 to March 2019 in Table 6(E) of FORM GSTR-9 itself.&quot;<br> Discussion Forum - Knowledge Sharing ....