Gst credit
This query is : Resolved
24 January 2019
Dear Sir,
I would like to inform you that, We have sold some material to party dated on 24.01.19. Party said that he has applied for GST registration and will he get within 4 days. can he take GST credit on goods purchase dated on 24.1.19 or not. and if he got GST No. after 4 days from purchase invoice date can he take GST credit. If we are filing GSTR1 for the month of Jan 19 then what will be the status of purchaser for us , whether he will be registered dealer or URD. Please give me advise.
Thank You,
Vicky Narad
9271388736
I would like to inform you that, We have sold some material to party dated on 24.01.19. Party said that he has applied for GST registration and will he get within 4 days. can he take GST credit on goods purchase dated on 24.1.19 or not. and if he got GST No. after 4 days from purchase invoice date can he take GST credit. If we are filing GSTR1 for the month of Jan 19 then what will be the status of purchaser for us , whether he will be registered dealer or URD. Please give me advise.
Thank You,
Vicky Narad
9271388736
24 January 2019
In my view , time of supply is on 24 Jan 2019 and the party;s status at the time of supply is unregistered .
He can not take credit for the supply took place prior to registration date .
He can not take credit for the supply took place prior to registration date .
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
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Refund of AY 22-23
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- TDR receipts for agreement holder
- Inventory of finished goods
- Confusion around Form 26QB fields
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Sale of property furniture sale
- Disallowance of Section 43B(h) to sez units
- Intimation wrongly states taxpayer has offerred u/s. 44ad & states probable resolutiton to do audit
- Refund AY 2012-13 and 2013-14
- DIRECT TAX CODE 2025
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
