ITC claim
Sri Snigdha (Articles Assisstant) (499 Points)
03 November 2017
can the itc on goods which are purchased not for resale can be claimed?
11 Replies
chamarthi venkatesh
(Student CA Articleship)
(848 Points)
Replied 03 November 2017
If you are using the goods in the cours or furtherance of business, then you can claim ITC
if using for personal use , the no ITC
Sri Snigdha
(Articles Assisstant)
(499 Points)
Replied 03 November 2017
our gst number not provided in invoice issued by supplier
Philip Kumar
(168 Points)
Replied 03 November 2017
the transaction must have furnished in gstr1 business to business details of Supplier with your GSTIN then only ITC is eligible.
B Vinay Reddy
(Hyderabad )
(7842 Points)
Replied 03 November 2017
No you cannot claim if your GSTN not mentioned on the invoices as it will be considered as B2C invoice
B Vinay Reddy
(Hyderabad )
(7842 Points)
Replied 03 November 2017
If ITC is Big amount then in your GSTR 2 add them under ADD MISSING INVOICES TAB and ask your supplier to Accept those invoices
B Vinay Reddy
(Hyderabad )
(7842 Points)
Replied 03 November 2017
And your supplier in Next months return he will rectify B2C invoice
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 03 November 2017
| Originally posted by : Sri Snigdha | ||
 |
example. mobile phone |  |
GSTIN not mentioned then No way for claiming ITC....
If GSTIN mentioned you can avail the Benefits....
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