Hello Sir/Madam
I have noticed on Internet,
One of the condition to claim ITC is "Supplier has to pay the tax"
Will it means is it suffice If he files GSTR 1 or Is it filing of GSTR 3B
Please advise
Thanks
2 Replies
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5318 Points)
Replied 03 December 2024
This means that the supplier should have deposited the tax amount into the government's account.
However, payment of tax is a separate action that must be taken by the supplier.
To verify if the supplier has paid the tax, you can:
1. Check the supplier's GSTR-3B filing status and ensure they have reported the tax liability.
2. Verify the payment of tax through the "Payment of Tax" tab on the GST portal.
If the supplier has only filed GSTR-1 and GSTR-3B but not paid the tax, you cannot claim ITC.
CRR RR
(16 Points)
Replied 04 December 2024
Sir
Will it be suffice if they pay through ITC
Please advise
Thanks
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