01 January 2022
I made a purchase on 04-08-2018 for which ITC was 190,487/- and second invoice on 04-09-2018 for which ITC was 250,592. The ITC was claimed in the respective months. But the supplier failed to furnish the details and after multiple follow ups finally filed the return in February and March 2019.
The sale were made in the same month as purchase. Am I in breach of any of the provisions of GST Act. What explanation I need to give to the departments?
01 January 2022
You are not breach of any of the provisions of GST Act. You have valid tax invoice, received the material and paid to your vendor. Your vendor also filed the return and paid GST with interest for the delay.
CAclubindia
