Find
ITC for a year must be claimed by 30 November of the next year or the annual return date if earlier. October is the time to pull GSTR-2B for all twelve months, compare with ITC claimed and claim any eligible missed credit.
GST
Year end check before the ITC time limit
Updated . Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.
Provisions
Sec 16(4), CGST Act 2017; Rule 37A, CGST Rules 2017; Sec 34, CGST Act 2017
Analysis
If GSTR-2B for the year shows ₹24,00,000 and you claimed ₹23,40,000, find the ₹60,000. Claim eligible items in the October return. Also finish Rule 37A reversals and credit notes, which share the same deadline.
Close
- Download annual ITC data from GSTR-2B
- Compare with ITC claimed in GSTR-3B
- Claim eligible missed credits by 30 November
- Finish Rule 37A reversals and credit notes
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