Ineligible input credit

bijo (Accountant) (302 Points)

14 August 2019

Can we purchase ineligible ITC bill in B2B?

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6 Replies

HARSHIL JAIN (MD) (338 Points)
Replied 14 August 2019

what sort of query is this ??

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 14 August 2019

Yes ...... you can , but needs to reverse the same

Shivam RC (Student) (23683 Points)
Replied 15 August 2019

What is purchase ineligible ITC ???

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CA Arun Chhajer (GST Faculty @ Ministry of MSME Govt of India) (2813 Points)
Replied 15 August 2019

yes you can but the same should be reported as ineligible under table 4D of GSTR 3B.

subhagan sreerangam (7054 Points)
Replied 15 August 2019

Ineligible ITC should reported in 4D of the GSTR3B.

bijo (Accountant) (302 Points)
Replied 16 August 2019

If we purchase the same in B2C,any problem due to the same?

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