TMI BlogGSTR-2: Can ITC on July dated invoice be claimed in August.X X X X Extracts X X X X X X X X Extracts X X X X ..... What if i dont carry invoice for the month of july ;can i still claim ITC in the July month itself on the same since it has auto populated in gstr-2A . Moreover as per CGST act sec 42 such transactions will be treated as matched.Now if I cant avail ITC in month of July how will I claim the same in august month?Will supplier has to modify his GSTR-1 in this case? It would be great if you cou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ld quote section or any website link relating to mismatch report /GST MIS. - Reply By KASTURI SETHI - The Reply = Yes. You can claim ITC for July, 17 in August, 17. ITC can be claimed within one year from the date of invoice. - Reply By Himansu Sekhar - The Reply = Being upon your acceptance it will be transferred to credit ledger. There is no bar for a delay - Reply By KASTURI SETHI - The R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eply = Supplier has not to modify GSTR-1 . When you file your GSTR.2 mention the amount of eligible ITC against Serial no. 3 or against serial no. whichever is applicable to you. All will be auto corrected, when you file GSTR-3 (Final) return. Section 18(2) of CGST Act provides that ITC can be availed within one year from the date of tax invoice. - Reply By Ganeshan Kalyani - The Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... = Matching concept is adopted for allowing input tax credit. - GSTR-2: Can ITC on July dated invoice be claimed in August. - Query Started By: - CAPurnima Bothra Dated:- 3-9-2017 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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