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Input claim disallowed

Others 321 views 3 replies
Dear Sir,
One of my debtor is doing business under 2 gst no but same entity name. I have filed gst return for may'19 under his old gst no, but revised the same in new gst no in march'21. Now he is telling that govt is not allowing input credit under new gst no.

Please some body can guide me what can be done.

Thanks and Regards,
Sanjay Prasad
Replies (3)
Input claim can be disallowed for many reasons
is he a regular assesse?
then purchase from unregistered dealer?

At present you cant do much. The amendment made by you was late. A better alternative would have been for your debtor to claim ITC in old and generate invoice to new thereby transferring the ITC but since you have made amendment and it is late no ITC can be claimed by your debtor in either of its registration.

Better engage a proper professional to guide you in such matters before matters get out of hand.

With this budget more restrictions on ITC are proposed to be implemented.

Thanks for your guidance.


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