Itc availment under gst

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2017 Dear Experts.
with regard to avail the ITC by buyer supplier has to file first GSTR 1 then buyer can avail ITC. Hence Supplier has to file the GSTR 1 earlier then buyer mean to avail ITC buyer will be depends on supplier. suppose if supplier has not filed GSTR 1 by 15th then how the buyer can avail the ITC what will be remedies available for buyer.

Regds
Amit Gupta

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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27 June 2017 No remedy for the buyer.
In case of failure by the taxpayer to submit periodic returns, a defaulter list will be generated by the IT system by comparing the return filers with the registrant database. Such defaulter list will be provided to the respective GST Authorities for necessary enforcement and follow up action.

Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2017 sir my query is.. suppose i have purchased the Goods Re. 1000 Gross plus 28% Gst 280 total 1280/- and till date of 15th the supplier has not filed GSTR 1. at time of filing GSTR 2 by buyer How buyer can avail the credit of 280

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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27 June 2017 You can't avail wait supplier filing the return.

Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2017 sir. if supplier has filed the return after 20th say on 22th in this case will buyer avail the ITC in next month

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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27 June 2017 Yes ITC available in next month

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