How to Check Ineligible ITC/Block ITC
This query is : Resolved
16 January 2023
Dear Experts,
Can we take GST ITC as per 2B "ITC Availability" Column ??
My doubt is about Block Credit/Not eligible ITC, if any one don't know about Block ITC so can we take ITC as availability shown in "ITC Availability" Column.
Can we take GST ITC as per 2B "ITC Availability" Column ??
My doubt is about Block Credit/Not eligible ITC, if any one don't know about Block ITC so can we take ITC as availability shown in "ITC Availability" Column.
16 January 2023
No, check it's not blocked credit and eligible credit and then claim ITC.
16 January 2023
Thank you sir , i have one example ,please provide your valuable opinion
-: Mr. A provide Car Rental service to XYZ Company @ 27000+GST and same reflected on GSTR-2B with Yes ITC Availability.
So, we have to check section 17(5) instead of "ITC Availability" shown in GSTR-2B
-: Mr. A provide Car Rental service to XYZ Company @ 27000+GST and same reflected on GSTR-2B with Yes ITC Availability.
So, we have to check section 17(5) instead of "ITC Availability" shown in GSTR-2B
16 January 2023
ITC not available for car rental.
Yes Check section 17(5)
Yes Check section 17(5)
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
