DEBIT NOTE LESS IN PURCHASE VALUE IN 3B

This query is : Resolved

Jiwan singh (Querist)
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06 December 2023 1- IN FY 2018-19 I DECLARE INPUT TAX AFTER LESS DEBIT NOTE GST VALUE IN 3B , NOW ASSESSEE OFFICER DENY FOR DEBIT NOT GST AMT AND ASK FOR PAY TAX , IS IT OK , CAN HE DENY FOR THIS INPUT REVERSAL AGST.D.NOTE AND ASK FOR PAY TAX . IF ANY VIEW OR NOTIFICATION OR JUDGEMENT PLEASE SHARE,
GST ON PURCHASE INPUT 1000/- FOR A MONTH JULY-19
GST ON DEBIT NOTE 200/-
NET VALUE I DECLARE IN GST IN COLUM 4A OF 3B = 800/- INPUT

2-I PURCHASE MATERIAL FROM DELHI HE ISSUE BILL TO ME AFTER LESS FREIGHT 5000/- AND I PAY THIS FREIGHT TO TRANSPORTER IN UTTARAKHAND, IS RCM APPLICABLE ON THIS FREIGHT ?

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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06 July 2024 1. **Input Tax Credit Reversal on Debit Note:**
- The Input Tax Credit (ITC) claimed on purchases is subject to certain conditions under GST law. If a debit note is issued reducing the taxable value or GST amount on a supply, the corresponding ITC claimed earlier needs to be reversed.
- If the Assessing Officer (AO) has denied the ITC reversal based on the debit note issued and is asking for tax payment, it typically implies there might be discrepancies found during audit or scrutiny.
- Specific notifications or judgments may vary based on the circumstances and interpretation of GST laws. It's advisable to review the GST law and notifications, and consult with a GST expert or tax advisor for guidance tailored to your specific case.

2. **Reverse Charge Mechanism (RCM) on Freight Charges:**
- RCM is applicable when certain specified services are received from unregistered persons or entities.
- In your case, if the supplier from Delhi has billed you after deducting freight charges and you separately paid the freight to a transporter in Uttarakhand, RCM may be applicable on the freight charges paid to the transporter in Uttarakhand if the transporter is unregistered.
- You would need to self-assess and pay GST under RCM for such freight charges if the conditions for RCM applicability are met.
- Ensure to maintain proper documentation and compliance with GST rules regarding RCM to avoid any issues during audits or assessments.

For both queries, considering the specifics of your transactions and GST laws, it's crucial to seek advice from a qualified GST consultant or tax expert who can provide guidance based on the latest regulations and any specific notifications or judgments applicable to your situation.