Jatin Gupta (35 Points)
03 August 2023I have purchased material from Delhi in August 2022. Material came from delhi on eway bill and further trade to Agra.
Now ITC has been blocked by Deputy commissioner and said that issuer firm found non existing so we are not liable to take ITC.
Please suggest what should I do?
Do I need to pay ITC amount through DRC-03 and Is there any other consequences for this?
CA Mohd Firoz Khan
(Chartered Accountant)
(108 Points)
Replied 04 August 2023
YES, If you already utilized ITC, You need to pay through DRC-03.
Further if GST Department consider that it is done by you deliberately. Then Department can take further action.
CAclubindia
