input vat credit

Till how long can avail input tax credit? I mean without filling voluntary disclosure. like if i have invoice dated January 2019 for an expense, can i take credit of VAT charged on that in October 2019?

Ishan Parikh

26/09/2019 06:36:13

0 Like 0 Reply Report Share

Replies

Anu Goel26/09/2019 19:23:59

You can take input credit within 2 tax periods from the date of receipt of invoice. If the invoice is received in Jan 2019 and if you are in a monthly tax period then you can take credit in Jan and Feb 2019. Beyond that input credit cannot be recovered.

4 Like

Anu Goel26/09/2019 19:24:51

If you want to recover put tax beyond two tax periods then you have to file VD

4 Like

Reply :

Login to reply. click here

Q&A

You can also submit your query / question

Submit Query

input vat credit

Replies

Q&A

Get latest updates from GccFinTax.com

GCC FinTax