Menu
Doubt in gst
As per Sec 16 of CGST Act , whether recipient of Goods or Services is not eligible to take ITC till the Vendor pay the taxes under GST to Government.
How can we have control on the vendor, to know whether vendor paid to Government or not.
so in case of above, when we are eligible are to take credit.
Replies (1)
The supplier will have to pay tax for the entries shown in his GSTR-1. If he shows the bill in his return it will automatically calculate his tax (output-input)
Recent Topic
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
- CA FINAL FR IndAS 33 Illustrtion 14
- Taxation on Sale of old Jewellery Received at Marr
- ITR-3 Filling issues
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
Related Topics
CAclubindia
