SSG (1936 Points)
29 December 2017A taxpayer, not registered under earlier tax regime, took GST No. on 10th Sep. 2017. The closing stock on 9th Sep. 2017 has stock on which he has paid GST (from July 1 to Sep. 9 2017). Will he be able to claim the ITC of GST paid on stock in hand as on 9th Sep. 2017? If yes, which forms to file for it and what is the procedure. Kindly avise.
SAIKUMAR
(Student CA Final )
(66 Points)
Replied 29 December 2017
SAIKUMAR
(Student CA Final )
(66 Points)
Replied 29 December 2017
SSG
(1936 Points)
Replied 29 December 2017
The TRN and ARN were received on 30th Aug. 2017. In RC, the Date of Liability is blank and Date of Certificate is 10th Sep. 2017. From which date the liabilty of GST arise - Date of ARN or Date of RC issued. The taxpayer has filed 3B from Sep. 2017.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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