ITC claim in FY 17-18
Dadhimati Associates (1 Points)
22 April 2022Dadhimati Associates (1 Points)
22 April 2022
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 22 April 2022
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 22 April 2022
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 22 April 2022
Also even if the vendor has supplied goods or service but when you don’t hold invoice for the same you cannot claim the ITC
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 22 April 2022
Further the even if you carry the invoice you need to pay the consideration to the supplier within 180 days otherwise you shall reverse the ITC along with Interest.
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 22 April 2022
So in any case you are not eligible for such ITC
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 22 April 2022
So in any case you are not eligible for such ITC
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)