GST ASMT 10

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Anuraag Agrawal (Querist)
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01 March 2024 Hi
I have received GST ASMT 10 notice for FY 19-20. Notice mentioned excess ITC claimed.
So what happened is i have received debit notes which should be claimed by deducting from sale figure in 3b but i have claimed those in ITC.

Should i submit those credit notes as reply or pay amount mentioned in notice?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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01 March 2024 Check if it's related to credit notes and pay amount mentioned in the notice if it's right.

Anuraag Agrawal

Anuraag Agrawal (Querist)
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01 March 2024 I have checked credit notes amount and it matches amount mentioned in notice.

So i can't get those amount from credit notes?

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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01 March 2024 Yes, pay the amount mentioned in the notice.

CA Parul Saxena

CA Parul Saxena (Expert)
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01 March 2024 So what happened is i have received credit notes which should be claimed by deducting from sale figure in 3b but i have claimed those in ITC....please explain this..if you have received credit notes for inward supplies then why you are saying that it should be claimed by deducting from Sale?

Anuraag Agrawal

Anuraag Agrawal (Querist)
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01 March 2024 Sorry it's debit notes i have received for outward supplies