Last date to avail ITC of FY 2021- 22 – 30th Nov 2022

15 November 2022

Notification No. – No. 22/2022 – Central Tax dated 15th November, 2022

CBIC has issued a notification on 15.11.2022, a notification has been issued amending GSTR-9 wherein it is clarified that, the ITC for the F.Y. 2021-22 can be availed in GSTR-3B from April’22 to Oct’22 filed up to 30.11.2022.

Hence, GSTR-3B for the period Oct’22 (the due date of which is currently 20.11.2022) shall be the last return in which ITC for the F.Y. 2021-22 can be availed.

In this regard, following points needs to be taken care of while filing GSTR 3B of Oct 2022

  •  Reconcile the inward supply of FY 2021-22 with GSTR 2B and identify the unavailable ITC that is not still reflected in GSTR 2B. Excess ITC taken may have to reversed.
  • Check ineligible ITC u/s 17(5) that may have been taken as regular ITC. Such ITC needs to be reversed along with interest, if any.
  •  Follow up with supplier in case ITC of inward supply is not reflected in GSTR 2B and take appropriate action

Official notification is followed hereby

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