Can itc be availed if supplier has not filed his gstr 3b.
This query is : Open
04 March 2019
A SUPPLIER IS SUPPLYING GOODS ALONG WITH VALID TAX INVOICE.
HE IS FILING GSTR 1 ON REGULAR BASIS.
HOWEVER HE HAS NOT FILED GSTR 3B YET FOR LAST 6 MONTHS.
I AM PAYING HIM INVOICE AMOUNT WITHING 180 DAYS.
AS A BUYER, CAN I AVAIL ITC ON SUCH INVOICE IF HE HAS NOT PAID TAX AND FILED JUST GSTR 1?
HE IS FILING GSTR 1 ON REGULAR BASIS.
HOWEVER HE HAS NOT FILED GSTR 3B YET FOR LAST 6 MONTHS.
I AM PAYING HIM INVOICE AMOUNT WITHING 180 DAYS.
AS A BUYER, CAN I AVAIL ITC ON SUCH INVOICE IF HE HAS NOT PAID TAX AND FILED JUST GSTR 1?
05 March 2019
No , You can not avail credit .
One of the condition to claim ITC under Sec 16 (2) (c) of CGST Act - the tax charged in respect of such supply has been actually paid to the Government, either in cash or through utilisation of input tax credit admissible in respect of the said supply;
This is the irony of recipient in CGST Act
One of the condition to claim ITC under Sec 16 (2) (c) of CGST Act - the tax charged in respect of such supply has been actually paid to the Government, either in cash or through utilisation of input tax credit admissible in respect of the said supply;
This is the irony of recipient in CGST Act
07 March 2019
@CA ANITA BHADRA MA'AM, So what to do for filing annual return gstr 9. Suppose I have a client having 150-200 suppliers, do I or client have to verify that suppliers have filed their gstr 3b?
07 March 2019
Yes
That's why I said this is the Irony of Recipient . Number of representations have been given to Government in this regards .
Hope to get some relief soon .
That's why I said this is the Irony of Recipient . Number of representations have been given to Government in this regards .
Hope to get some relief soon .
07 March 2019
Thank you ma'am for your kind words of help. Let's hope for the best.
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
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- NR GST NUMBER
- ITR 6 Schedule CFL and UD Issues
- Not a CA , can we prepare balance sheet
- For REQUIRE INDIVIDUAL GST
- GST Department hearing
- TDS RATE ON RENT PAID TO NRI
- Income Type for interest from government bonds
- GST Form ADT-02
- GST Refund SB005 Error
- Notice u/s.148- Asstt.Year 2015-2016
- Invoice Numbers WROGLY ENTERED
- TDS on purchase of value vouchers for employees ?
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
