TMI BlogInput Tax CreditX X X X Extracts X X X X X X X X Extracts X X X X ..... sir 1.is there any time limit to avail my ITC , generally we use to bulk purchase , in the month of march and every year ITC is getting accumulated is there any restriction for such c/fd? 2. a. while ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... export of goods ITC is getting accumulated and the client don't want refund , can it get accumulated and Set off against local outward taxable supply if any? b.if refund only option is there any ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... time limit to apply? - Reply By PAWAN KUMAR - The Reply = Dear sir, 1.NO time limit, you may claim on bulk purchase. previous year ITC you may claim up to next year Sept 20- GSTR-3B return due ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... date of filing. 2.Yes ITC can be set off against the domestic supplies GST liability. 3.If only refund option is available, the time limit to refund application is two years from the relevant d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ate. - Reply By Ganeshan Kalyani - The Reply = 1. Once ITC is taken into Electronic Credit Ledger (ECL), it's utilision can be done at anytime. There is time limit within which the credit is to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be taken into ECL. - Input Tax Credit - Query Started By: - vignesh VSACCOUNTOPRIVATELIMITED Dated:- 24-11-2020 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aring, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.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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