20% GST input query urgent
This query is : Resolved
15 November 2019
In 2A credit of Rs.40000 appearing but comparison summary of GST portal it is not reflecting. What to do whether to consider this input or not?
15 November 2019
please check filed status also in GSR 2A, If it is filed , you should avail the input ,
if it is subitted only not filed ,than you should think over it
if it is subitted only not filed ,than you should think over it
15 November 2019
i have checked filing and the status is GSTR1 Filed
15 November 2019
SOrry in 2A status is Submitted but in filing table it is not filed. So please tell me whether to show this in GSTR3B or not?
16 November 2019
pleasze read the notifiations :
3. In the said rules, in rule 36, after sub-rule (3), the following sub-rule shall be inserted,
namely:-
“(4) Input tax credit to be availed by a registered person in respect of invoices or debit notes, the
details of which have not been uploaded by the suppliers under sub-section (1) of section 37,
shall not exceed 20 per cent. of the eligible credit available in respect of invoices or debit notes
the details of which have been uploaded by the suppliers under sub-section (1) of section 37.”.
20% INPUT IS AVAILABLE ONLY IF DETAILS OF INVOICE IS NOT UPLOADED BYSUPPLIER , IN YOUR CASE IT HAS BEEN UPLOADED
you pleasz keep screenshot of GSTR-2A for your records ( for safeguards) and get the input fully
3. In the said rules, in rule 36, after sub-rule (3), the following sub-rule shall be inserted,
namely:-
“(4) Input tax credit to be availed by a registered person in respect of invoices or debit notes, the
details of which have not been uploaded by the suppliers under sub-section (1) of section 37,
shall not exceed 20 per cent. of the eligible credit available in respect of invoices or debit notes
the details of which have been uploaded by the suppliers under sub-section (1) of section 37.”.
20% INPUT IS AVAILABLE ONLY IF DETAILS OF INVOICE IS NOT UPLOADED BYSUPPLIER , IN YOUR CASE IT HAS BEEN UPLOADED
you pleasz keep screenshot of GSTR-2A for your records ( for safeguards) and get the input fully
16 November 2019
ok thanks but i have retrieved 2A on 15th nov whether it is ok? As the circular says to avail the input on the basis of 2A available on due date of GSTR1 i.e.11th nov
16 November 2019
sir date of 3B is 20th
16 November 2019
I know due date of 3B is 20. But the circular says that consider the eligible itc of 2A available on 11th of following month. 2A is a dynamic statement it gets fluctuating. So circular says this but this is very difficult to consider this.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Payment of bonus act - notice pay recovery
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
