We have few queries, please guide us.
This pertains to Fin Year 2017-2018
Purchase bill of March : We forgot to enter one purchase bill in our accounting software. This bill pertains to Mar-2018, now can we enter the bill in our accounting software in financial year 2018-2019 in the month of JUN-2018, and can we then claim the ITC of this bill in the month of JUN-18 while filing GSTR-3b of JUN?
Suppliers have uploaded purchase bills and credit notes: We are a registered regular dealer, we have purchased goods from various suppliers and have got the purchase bills with our valid GSTIN on them, now the suppliers have not uploaded these purchases in the year 2017-2018. We have contacted them both through telephone and written communication but till date they haven’t uploaded those invoices for which we have already taken the ITC as we have informed the supplier our correct GSTIN and also the correct GSTIN is mentioned on all the printed copies of those purchase bills. Now what is to be done in such a case?
Same is the case with some of the credit notes, we received the GST credit notes from some suppliers which they haven’t uploaded into the portal. We have informed them and requested them multiple times but there is no positive reply from them. The printed copies of the credit notes has our valid GSTIN number.
Kindly guide what is to be done in a case like this.
Hoping for your reply and your guidance.
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Claim ITC of year 17-18
Replies (5)
As Per GST Act you can take ITC of March 2018 in June 2018.
dear koushal thanks for the reply,
can I enter those bills in the financial year 18-19?
can I enter those bills in the financial year 18-19?
Section 16(4) of CGST Act says that a taxable person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services after furnishing of the return under section 34 for the month of September following the end of financial year to which such invoice or invoice relating to such debit note pertains or furnishing of the relevant annual return, whichever is earlier.
In simple words, you can book the tax invoice in month of June, 2018 & claim the input tax credit while filing your GSTR 3B till September,2018 or filing of annual return for FY 2017-18 which ever is earlier.
Second query
you must add a purchase invoice in GSTR 2 it will be shown in GSTR 1A of supplier and Govt will issue a notice under GSTR3A if he did not accept it within 2 months of ur move...
In simple words, you can book the tax invoice in month of June, 2018 & claim the input tax credit while filing your GSTR 3B till September,2018 or filing of annual return for FY 2017-18 which ever is earlier.
Second query
you must add a purchase invoice in GSTR 2 it will be shown in GSTR 1A of supplier and Govt will issue a notice under GSTR3A if he did not accept it within 2 months of ur move...
thanks dear abhay.....
regarding entering invoices in gstr 2. but gstr 2 was deffered so if i enter invoices in gstr 2 then i need to file that return also.
kindly clarify
regarding entering invoices in gstr 2. but gstr 2 was deffered so if i enter invoices in gstr 2 then i need to file that return also.
kindly clarify
As Per GST Act you can take ITC of March 2018 in June 2018.
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