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ITC on import of goods - Goods and Services Tax - GSTExtract Sir, Is there any time restriction on availment of ITC on import of goods ? As per section 16(4) input tax credit in respect of any invoice or debit note is not available for supply of goods or services or both after the thirtieth day of November following the end of financial year to which such invoice or debit note pertains or furnishing of the relevant annual return, whichever is earlier. In one case, a company has taken ITC on imports pertaining to FY 18-19 in the FY 20-21. Is the company eligible to take Import ITC in the FY 20-21? Please help.
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