GSTR 1 RETURN
P MURUGAN (ACCOUNTANT) (186 Points)
15 November 2019
can an assessee avail a credit on not yet filed invoices.ie. return was submitted but not filed?
8 Replies
Anshika Aggarwal
(Chartered Accountant)
(186 Points)
Replied 15 November 2019
No, ITC can not be availed on such invoices but as per recent amendment you may avail. Kindly refer below for better understanding:
As per recent notification no 49/2019 dated 9th Oct, 2019 under CGST Rules, 2017 it is mandatory to do reconciliation between GSTR-2A and books. If amount in books is more than amount reflected in GSTR-2A then maximum of 20% extra of eligible GSTR-2A can be availed.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 15 November 2019
No you cannot , it's not going to reflect in 2A under table comparison liability.
Suvendu Biswal
(46 Points)
Replied 16 November 2019
I am providing service that is ineligible to particular receipient , wheather i hv to file gstr1 for that transaction
Anshika Aggarwal
(Chartered Accountant)
(186 Points)
Replied 16 November 2019
Yes you have to show that transaction while filing GSTR-1
Anshika Aggarwal
(Chartered Accountant)
(186 Points)
Replied 16 November 2019
Refer rule 59(2) of CGST, Rules 2017, it states the details to be shown in GSTR-1
Suvendu Biswal
(46 Points)
Replied 16 November 2019
Ok. thanks for quick response.
regards
CMA S.K Biswal
regards
CMA S.K Biswal
Anshika Aggarwal
(Chartered Accountant)
(186 Points)
Replied 16 November 2019
Your Welcome
CA Anshika Aggarwal
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