Yes, you can take credit of an invoice or debit note only till the date of filing of consolidated return for the month of September of the following financial year or the date of filing of annual return, whichever is earlier. Further, you will not be able to take credit of input tax on invoice after expiry of 1 year from the date of invoice.
Modified on: Thu, 6 Jul, 2017 at 4:45 PM
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