We have purchased some rawmaterials from a supplier from outside our state. The transaction was as below:
* supplier raised invoice on us on 27.02.2018
*We received goods at factory on 03.03.2018
*we will pay after 1 month
Under this situation, can we claim input tax on this traction in the month of February 2018 (GSTR 3b)? or the credit should have been claimed in March 2018?
Previously one of the GST consultant guide us to take credit in the month when the invoice has been raised as it would facilitate to get credit in our GSTR 2A and made checking / follow the credit more easier. Is it correct?
If it is not correct then how could be the rule permit on the transactoins as deemed to be received at factory during the movement of goods / transfer of tile of goods ( not required to receive at factory) on the instruction of the buyer sending to another receiver.
CAclubindia
