Gst registered regular scheme dealer
Purchases during f.y.2019-2020 rs.90 lacs.
Sales f.y 2019-2020 rs.30 lacs only.
Dealer any time limit to sold the stock or Carrieed forward the stock.(itc rs 3 lacs).
Frah Saeed Answered question July 29, 2020
No time limit for utilization of ITC is there. Time limit is only for availing credit as mandated u/s 16(4). Thus once you avail ITC, you can carry forward and utilize the same in future without any time limit.
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Frah Saeed Answered question July 29, 2020