Clarification about availing itc
Soundhar Venkatesan (Student) (97 Points)
12 March 2020
whether furnishing gstr1 enough to get itc on inputs ?
2 Replies
Vishal khamesara
(Article Assistant)
(54 Points)
Replied 12 March 2020
Oh come on buddy.
This is not GSTR 1 with qhich qe claim ITC.
GSTR 1 is only about sales.
ITC u claim in GSTR3B. you should do this with comparison of GSTR 2A.
This is not GSTR 1 with qhich qe claim ITC.
GSTR 1 is only about sales.
ITC u claim in GSTR3B. you should do this with comparison of GSTR 2A.
CA Akshay Hiregange
(Partner - Audit & Assistance)
(4515 Points)
Replied 12 March 2020
Section 16 CGST Act - 4 conditions mandatory to be satisfied to claim ITC alongwith Rule 36(4), i.e. reflection in GSTR 2A. (Not just GSTR 2A).
Although, Rule 36(4) validity can be questioned.
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