A gst registered dealer suppose invoice Dt: 30-04-2020 and goods received on Dt:01-05-2020.
Assess accounting books entered and ITC taken Dt:30-04-2020 or 01-05-2020 is correct in gst act.
Frah Saeed Answered question July 5, 2020
As goods have been received on 01.05.2020, as per Section 16(2)(b) of the CGST Act,2017 , ITC can be availed on 01.05.2020 and not before that.
Team Clearmytax.in
Frah Saeed Answered question July 5, 2020