Question ID :
31652
itc not taken
1.ITC of one purchase bill for september mistakenly not taken
2.Credit not for various month ITC not reversed
What is sollution ??
wait for annual return or ITC taken in may month
Posted by
CA. RACHIT JAIN
on
May 28, 2018
Filed Under
GST
avail in may month
Posted by
VINAY BHARGAV KUMAR G on
May 29, 2018
Answer ID :
68713
1) You can avail the ITC till Sep 2018. Refer Sec. 16(4).
2) You may reverse now, along with interest u.s. 50(3) i.e. 24
Posted by
Jatin Harjai on
May 30, 2018