MURALIDOSS (INCOME TAX PRACTITIONER) (1314 Points)
11 March 2019FROM THE PURCHASE BILLS GIVEN WE CLAIMED ITC, BUT SO FAR, SUPPLIER NOT DISCLOSED AS B2B SALES.
FINALLY WHEN WE CHECKED THE BILLS ITS MENTIONED AS UNREGISTERED DEALER. BUT ACTUALLY WE ARE A REGISTERED DEALER, AND WE GIVEN TO THEM OUT GST NO.
NOW HOW TO GET THE ITC.
CAN WE ASK THE DEALERS TO AMEND THE SALES FROM THEM TO US?
khalid
(soical work)
(222 Points)
Replied 11 March 2019
ANKIT SACHDEVA
(A/c Manager at Pallavi Rajput & Co. (Chartered Accountants))
(244 Points)
Replied 11 March 2019
ITC is Not Available on supplies from a unregistered person. since you have wrongly claimed ITC but later on it was found that the Supplier was not registered. you have to pay back the ITC claimed wrongfully with Interest.
MURALIDOSS
(INCOME TAX PRACTITIONER)
(1314 Points)
Replied 11 March 2019
Supplier registered,, but the sales invoice they not mentioned our gst no.as well as itc.
khalid
(soical work)
(222 Points)
Replied 11 March 2019
ANKIT SACHDEVA
(A/c Manager at Pallavi Rajput & Co. (Chartered Accountants))
(244 Points)
Replied 11 March 2019
You should have verify the Tax Invoice before claiming any ITC
khalid
(soical work)
(222 Points)
Replied 11 March 2019
CAclubindia
