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Itc taken or not?

22 October 2019

Is buyer Co. can take Itc against gst purchase bill which is not printed .the bill is written in hand and the vendor is registered.

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6 Replies

Basava Raj (39 Points)
Replied 22 October 2019

The buyer can take the input provided if the seller has mentioned buyers GSTN of buyer and uploaded his sales in GSTR1

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subhagan sreerangam (7040 Points)
Replied 22 October 2019

Seller dealer upload the invoice in GSTR1 mentioned the buyer GST Number and other details.

Shoeb Hasan (81 Points)
Replied 22 October 2019

Buyer can claim itc in this case

Hardik (Professional) (918 Points)
Replied 22 October 2019

Legally - No,
Practically - Yes.

It is recommended to Get the duplicate Invoice from seller, since as per rules you're not eligible to take ITC unless you possess a valid invoice

Shivam RC (Student) (23683 Points)
Replied 22 October 2019

If all the FOUR CONDITIONS as laid down U/s 16(2) of the CGST Act 2017 is satisfied, then YES you can claim ITC. Following are the Four conditions :

1). Possession of a valid Tax Invoice.
2). Received the Goods or Services.
3). Supplier must have paid the taxes.
4). Recipient must have filed the Return.

If all the above mentioned four conditions are satisfied then you can claim ITC provided that the Tax Invoice is issued in accordance with the Provision of Section 31 of the CGST Act 2017.

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