Itc rules under gst
This query is : Resolved
24 August 2017
What is the time limit for payment to service provider for availing ITC on services?
What if we do not pay and avail ITC in return?
What if we do not pay and avail ITC in return?
24 August 2017
you can get credit only when your return get matched - means the same is matching with service provider with recepient. in case of rcm you must will have to pay till due date otherwise interest @ 18 or 24 % p.a charged . if you are taking any credit without payment of tax then penalty also applicable.
if you are not filling in continue 6 month return your registration may be cancelled .
if you are not filling in continue 6 month return your registration may be cancelled .
26 August 2017
Thank U sir
My another query is if we issue export invoice without Bond and LUT and adjust IGST in GSTR 3B against form TRA 1 what will be the effect?
Please help
My another query is if we issue export invoice without Bond and LUT and adjust IGST in GSTR 3B against form TRA 1 what will be the effect?
Please help
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
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Application of 115BAC
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- TDS NUMBER SURRENDER
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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 Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
