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TMI BlogTime Period For Availement Of ITCX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, This is regarding GSTR-3B of a tax period is filed after the last date of the availment of ITC in respect of any invoices /Debit note as per Section 16(4) of CGST Act . We have received a scruity notice for the period 2018-19 in which the department has asked us to pay the availed ITC due to time period limitation by quoting section 16(4) even the said ITC is reflecting ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in our 2A. The GSTR-3B returns for the said period has been filed in 2023-24. Is there any scope to defend the department in this regard. Further the said GST number is under Suo moto cancellation. - Reply By KASTURI SETHI - The Reply = Dear Querist, (i) What is the date of cancellation of registration ? (ii) What circumstances led to suo moto cancellation ? (iii) Only reflection in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2A does not entitle to avail ITC. Other conditions /parameters are to be complied with. (iv) Other conditions cannot be ignored. - Reply By Shilpi Jain - The Reply = Is it that you have filed your 2018-19 3B late now? If you have filed GSTR-3B after due date of availing credit for that month then ITC would be denied, unless your registration was cancelled and for that reason you could no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t file your 3B and avail credit. - Time Period For Availement Of ITC - Query Started By: - Mani Ramamurthi Dated:- 13-2-2024 Last Replied Date:- 17-2-2024 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, 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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