CA Pratibha Goyal | 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
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