Dear Sir,
We are purchasing plastic granules from Reliance Industries Ltd. We are receiving Invoice directly from Reliance and we are taking ITC as per Invoice.
In these transaction our reliamnce agent provide us discount on purchase but credit note received without gst anbd we get discont amount from trader's account not from reliance.... How can we treat ITC of Reliance ? GSTR 2-A showing full ITC from Reliance..
We have to reverce the said ITC or not ? Why our agent not charge GST in credit note ?
What is rules by law ?
CAclubindia
