We have two GST Numbers one for Andhra Pradesh and the other for Maharashtra State. As there has been no sale purchase in Maharashtra for quite some time, can we claim ITC Set-off against GST paid on purchases of any product or services rendered here in Bombay.
Basically ours is an export organization based in Andhra Pradesh. Very oftenly happens that the shipping companies draw their bills inadvertently on Maharashtra GST Number which the shipping companies do not change inspite of our request. Can we not claim ITC Set-off even on such bills.
18 August 2020
No, you cannot claim ITC in Maharashtra because the services are received in AP.Just because the shipping company is putting wrong address in their bills , ITC cannot be taken in MH. You need to take credit in Andhra only and insist upon the shipping companies to raise bills on Andhra through a written agreement.
18 August 2020
Thank u sir for the best guidelines. What to do with the ITC we have taken in Fy 17-18, Fy 18-19, Fy 19-20. The said ITC is still outstanding in our books of accounts. Whether can be written off and can be added back into computation of income for the ay 20-21
18 August 2020
Further hence onwards all the forthcoming GST Returns shall be filed as of NIL and the full bill value on account of any purchase/expense/service shall be debited to Trading And Profit & Loss Account. Am I correct Sir ?
18 August 2020
What is the amount of ITC lying in MH? If you are not making any outward supply from Maharashtra then you may like to surrender the registration.
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