1) We Availed ITC on Mar' 2020 as per GST Invoice date 15/03/20
2) But Supplier Said Invoice Uploaded at GSTR-1 on June'2020
Question: Can Availed ITC will be Rejected ? ... What is the Rule in such cases??
Please reply
sujit naha (accountant) (350 Points)
13 October 20201) We Availed ITC on Mar' 2020 as per GST Invoice date 15/03/20
2) But Supplier Said Invoice Uploaded at GSTR-1 on June'2020
Question: Can Availed ITC will be Rejected ? ... What is the Rule in such cases??
Please reply
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 13 October 2020
As per section 16(2) of the CGST act 2017
1) You must have GST Tax Invoice of with correct GSTN of Supplier
2) You must received goods or services
3) supplier must deposit Tax amount with GOVT account collected from you
4) you must file return
and reflected in GSTR2A you can claim ITC , However ITC should not be under block credit under section 17(5) of the CGST act 2017 .
Shivam RC
(Student)
(23683 Points)
Replied 13 October 2020