CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 22 April 2022
What is the nature of itc reflecting in UR GSTR 2A shall also be considered....is it an input or input service for your operator? How can he claim ITC for the same?
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 22 April 2022
Also anything reflecting in GSTR2A 2B shall not not be availed and claimed
rits
(Student CA Final )
(93 Points)
Replied 22 April 2022
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 22 April 2022
If the invoice contains the name of your client you may avail the ITC and shall charge tax on outward supply @ 5%
rits
(Student CA Final )
(93 Points)
Replied 22 April 2022
CA Puja Sharma
(Chartered Accountant)
(4969 Points)
Replied 22 April 2022
You can only claim the ITC reflecting Form GSTR 2B as per the latest amendment in the GST rules.
The excess claim of ITC can lead to the cancellation of your registration by the GST department.
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 22 April 2022
You shall claim the amount as per GSTR-2B the differential amount of 45000 will be reflected in the next month GSTR-2B..
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 22 April 2022
You shall claim the amount as per GSTR-2B the differential amount of 45000 will be reflected in the next month GSTR-2B..
rits
(Student CA Final )
(93 Points)
Replied 22 April 2022
CA. Heet Shah
(Tax Consultant & Practitioner)
(6178 Points)
Replied 23 April 2022
| Originally posted by : rits | ||
 |
Ohk so i will claim as per gstr 2b..what would be output rate in case of claiming itc 5% or 18% |  |
Definitely 18 % in order to claim ITC you need to charge 18% with 5% you cannot claim ITC
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