A registered person is entitled to take input tax credit of any invoice or debit note pertaining to invoice of the financial year 2017-18, till the filing of return for the month of March, 2019 i.e 20.04.2019.
This facility is being extended to the taxpayer because of the fact that the financial year 2017-18 was the first year of the implementation of the Goods and Services Tax and the tax payers were still in the process of familiarizing themselves with the new taxation system. In order to ascertain if any input tax credit is left out to be taken the GSTR-2A reconciliation is necessary to be carried out in excel. In case any invoice are not appearing in the GSTR-2A report then the taxpayer should inform the vendor to upload it in March 2019 month’s GSTR-1 return which need to be filed by a regular taxpayer on or before 11.04.2019.
Hence there is very less time available for the registered person to take action. Refer. Order No. 02/2018 – Central tax dated 31.12.2018
Share this content: