Time period of 1yr is for availment or utilization
Sugam SM
CA Inter
★ 9K+
24-Mar-23 16:08
192
Answers (2)
Availing. There is no time limit given in law for utilisation
Shiva Teja
Faculty
24-Mar-23 16:13
Time period in CGST Act is given for Availment of ITC in E-Credit Ledger.
Act has not put forth any restriction and time limit for utilisation.
Once availed , can be carried forward for ♾️ tenure