Home Forum Goods and Services Tax - GST Month 9 2021 2021 (9) This
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DATE OF AVAILMENT UNDER GST - Goods and Services Tax - GSTExtract Dear Sir/Madam What is date of availment of input in Gst? We have to calculate interest for not paying consideration within 180 days from date of invoice. Do we need to consider Invoice date on which we have taken input in our books or we have to consider the date on which we have taken this input in our GSTR-3B return i.e credit to Electronic credit ledger? FYI section 73 and 74 also uses the word wrongly availed? Further we think that input utilized means input actually adjusted against output tax liability at the time of filing GSTR-3B return. Eg: 1,00,000 IGST input credited to Electronic credit ledger but in that month 60,000 is utilzed and 40,000 is c/f to next month.We think 60,000 is utilized. kindly advise.
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