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About input in gst when my gst is cancelled and i take another gst number

Ravi Rawat (Trainee Accountant ) (39 Points)

27 January 2020

MY GST REGISTRATION CANCEL IN 1 OCT 2019 AND I TAKE NEW REGISTRATION & NEW GST NUMBER IN 2 JAN 2020. AND NOW HOW TAKE INPUT OF OCT, NOV, DEC BILLS.

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6 Replies

Anup Agarwal (1184 Points)
Replied 27 January 2020

As per section 18(1) you can avail ITC only on the goods which are lying in the stock as on 01/01/2020.

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Ravi Rawat (Trainee Accountant ) (39 Points)
Replied 27 January 2020

sir, our services business. we issued & received with cancel gst number . can we take benefit of that input

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 27 January 2020

No... You can't avail the Credits.

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Anup Agarwal (1184 Points)
Replied 27 January 2020

Mr. Rawat

In case to services you can not claim ITC.

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 27 January 2020

ITC not available if the supplies are any (Goods or Services or goods and services).

You can't claim One GSTIN (cancelled) to another GSTIN (new).

In case the bills are new firm name and no gstin in the invoices then You can avail ITC of stock through ITC-01.

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Anup Agarwal (1184 Points)
Replied 27 January 2020

Exactly My opinion is also based on the point that invoices are without GSTN (in case of goods)
totally agreed with with you Mr. Raja P M

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