TMI BlogFY 2018-2019 GST dues paid with current year 2024-2025 ITCX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir/Madam, GST Order was issued under section 73 for the year 2018-2019 for mismatch of ITC and I have accepted paid the tax portion using financial year 2024-2025 ITC and will be applying for waiver ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of Interest and penalty under Amnesty Scheme 2024. Is there any restriction for utilizing current year ITC for past dues. I do not have carry forward of Excess ITC from 2018-2019 till 2023-2024. Pleas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e advise. - Reply By Ganeshan Kalyani - The Reply = In my view, there is no one-tow-one correlation of ITC. So your claim of ITC to pay off the earlier liability is correct. - Reply By Sadanand Bulbul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e - The Reply = Dear Sir/madam Sri.Ganeshan ji has emphatically cleared the issue. Go with it as there are no any restrictions to utilize ITC for any specific period/liability. - FY 2018-2019 GST due ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s paid with current year 2024-2025 ITC - Query Started By: - CABayyaReddy DK Dated:- 18-10-2024 Last Replied Date:- 19-10-2024 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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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