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Expiry of ITC

Indirect Taxation

Time period of 1yr is for availment or utilization


Sugam SM

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

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


Varun Mulay

Varun Mulay

CA Inter

38K+

24-Mar-23 19:18

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