Benefit of extended time limit to avail ITC till Nov 30 applicable for FY 21-22 as well: CBIC helpdesk clarifies

Benefit of extended time limit to avail ITC till Nov 30 applicable for FY 21-22 as well: CBIC helpdesk clarifies The Central Board of Indirect Taxes …

CA Pratibha Goyal

Sep 30, 2022

Last update on Sep 30, 2022

Benefit of extended time limit to avail ITC till Nov 30 applicable for FY 21-22 as well: CBIC helpdesk clarifies The Central Board of Indirect Taxes & Customs (CBIC) Mitra helpdesk has clarified that the extended time limit to avail Input Tax Credit (ITC) till November 30 is applicable for FY 21-22 as well. Finance Act 2022 provisions of Sections 100 to 114 related to Goods & Service Tax (GST) were notified on 28th September 2022, applicable w.e.f. 1st October 2022. Click here to know the Provisions: Finance Act provisions of sections 100 to 114 related to GST notified w.e.f. 1st Oct 2022 With notification of Section 100, the due date for claiming Input Tax credit (ITC) now stands as "thirtieth day of November". For Deeper Insight Read: Know the new due date for claiming ITC for FY 21-22! No its not 30th Nov Click here to read the clarification

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CA Pratibha Goyal

Co Founder

CA Pratibha Goyal is Chartered Accountant qualified in 2016, is a Member of The Institute of Chartered Accountants of India having wide experience in the field of Auditing, Taxation, ROC, GST and Secretarial matters etc. She has written over a thousand articles & has made several videos on topics related to Auditing & Taxation. As a Speaker she has delivered various sessions on various branches of NIRC of ICAI.