late deposit of gst
Vinod Kakkar (84 Points)
18 June 2018Vinod Kakkar (84 Points)
18 June 2018
Nihar Ranjan Rout
(CA Final & CS Final)
(577 Points)
Replied 18 June 2018
Vinod Kakkar
(84 Points)
Replied 18 June 2018
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 18 June 2018
Originally posted by : Vinod Kakkar | ||
vendor deposited gst late in Mar 2018 instead of Jan 2018 against gst invoice dt 22/12/2017 for rs 399000. PL clarify whether ITC will be available for full amount rs 399000. |
Yes
You can take fully ITC benefit.
Vinod Kakkar
(84 Points)
Replied 18 June 2018
CA Shivam Arora
(Chartered Accountant)
(2414 Points)
Replied 18 June 2018
Yes interest is payable by the vendor, and you can claim full ITC.
Vinod Babu
(24191 Points)
Replied 18 June 2018
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India