Question
I forgot to claim ITC on some purchase invoices from last year. Is it too late?
Answer
You can claim ITC for a financial year up to the earlier of 30 November of the next financial year, or the date you file your annual return (GSTR-9) for that year. So for FY 2025-26 the cut-off is 30 November 2026, unless you file GSTR-9 earlier. Once this window under Section 16(4) closes, the credit lapses permanently. The credit must also appear in your GSTR-2B and the supplier must have paid the tax. Reconcile your purchase register against GSTR-2B before each return to avoid losing eligible credit.
This answer is general information based on the law as it stood when written and is not professional advice on your specific situation. Verify the current position and consult a qualified professional before acting. See our disclaimer.