Avail ment of ITC for pre registration period by filing GST ITC -01 extended till 31-10-2017 by Notification 44/2017 dated 13-10-2017

As per section 18(1), credit of inputs can be availed for pre transition period in following cases :

1. Compulsory registration is applied with in 30 days from being liable
2. Voluntary registration
3. Exempted goods become taxable. Also entitled to credit for capital goods
4. Swithcing from Composition to Normal Scheme. Also entitled to credit for capital goods

 

However the availment of credit is subject to filing GST ITC-01 providing the detail of inputs and capital with in 30 days from above transitions. However since GST-ITC-01 is not still available on the portal, the date for filing ITC-01 has been extended to 31-10-2017