TMI BlogAvailment of input creditX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir We forgot to claim gst input pertaining to financial year 2017-18 and 2018-19. The annual returns were also submitted without taking credit of input. But the expenditure has not been capital ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ised in the financial statements, it has been taken as input refundable in current assets of the balance sheet. Is there any way that we can claim the same not??? - Reply By SOWMYA CA - The Reply = ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ITC not availed for the year 2017-18 and 2018-19 before September return following the respective year or filing of annual return whichever is earlier, becomes time barred as it is beyond that is all ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... owed by the statute. No refund of such ITC can be taken too. - Reply By KASTURI SETHI - The Reply = No remedy. Not covered by the Supreme Court order. - Reply By Ganeshan Kalyani - The Reply = The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re is no time limit for any outstanding GST to be paid but certainly there is time limit for availing ITC. - Availment of input credit - Query Started By: - MANOJ JAIN Dated:- 7-3-2022 Goods and Se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rvices Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a.com - 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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