keshav maheshwari (85 Points)
07 May 2023Hello.
As a seller I have filled my gst for March 2023.
Now the purchaser is saying he has not accepted input .Is it possible not to accept input and how will gst dept come to know input of xyz company not accepted ,so input to credited back to xyz company .
Is there way for me to check it ?
Sandeep Jain
(Pivate)
(1459 Points)
Replied 07 May 2023
keshav maheshwari
(85 Points)
Replied 07 May 2023
Sir
How Gst dept will come to know that purchaser has not claimed input for xyz company ? And same to be refunded back to seller .
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 07 May 2023
CA SANDESH MAHIPAL
(Practicing in GST and MSME )
(1985 Points)
Replied 08 May 2023
If buyer is claiming that he has not availed ITC of your supplies, just raise a Credit Note against that invoice. By this way, you will get back your paid tax and even if the buyer has availed, he will be bound to reverse the same.
(This should be done with proper communications between buyer and seller)
Regards
APURBA CHATTERJEE
(QUALIFIED CHARTERED ACCOUNTANT)
(604 Points)
Replied 08 May 2023
As buyer did not accept ITC against a particular invoice, then you can pass credit note to reduce your GST liability
Imthias ahamed Kormath
(910 Points)
Replied 11 May 2023
CAclubindia
