Umesh Kulkarni (7 Points)
05 March 2018
CA Naveen Chand
(Chartered Accountant)
(12739 Points)
Replied 05 March 2018
Where recipient does not pay the value of service or tax thereon within 3 months of issue of invoice and he has already availed input credit based on the invoice, the said credit will be added to his output tax liability along with interest.
Vinayak Hegde
(CA)
(154 Points)
Replied 05 March 2018
The input can be claimed in the subsequent month when the invoice is recieved. As GSTR-2 is not yet enabled, corrections, modifications in the purchase details can not be made. So in the subsequent month input can be claimed as clarified by the GST Circular No. 26/26/2017-GST F. No. 349/164/2017 - CBEC
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 05 March 2018
| Originally posted by : Umesh Kulkarni | ||
 |
x company received bill from Oct 17 to Jan .18 but X company made GST payment till Dec .17 so input setup will be taken or not x company |  |
Mr. Umesh.,
Please explain your query. I can't understand this...
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 05 March 2018
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
CAclubindia
