What can do?.
subhagan sreerangam (7054 Points)
03 November 2019
30-11-2019 is an Annual return filing due date of FY 2017-18.What can the ITC do not display with GSTR2A for FY 2017-18.
3 Replies
Surjeet Negi
(947 Points)
Replied 03 November 2019
As per CBIC Press Release No. 62/2018, dated 18-10-2018
It is clarified that the furnishing of outward details in FORM GSTR-1 by the corresponding supplier(s) and the facility to view the same in FORM GSTR-2A by the recipient is in the nature of taxpayer facilitation and does not impact the ability of the taxpayer to avail ITC on self-assessment basis in consonance with the provisions of section 16 of the Act.
The apprehension that ITC can be availed only on the basis of reconciliation between FORM GSTR-2A and FORM GSTR-3B conducted before the due date for filing of return in FORM GSTR-3B for the month of September, 2018 ,further extended to 31 March 2019.
As per Section 155 of CGST Act, 2017 the burden of proof is cast upon the person who claims ITC.
As per Section 43 A (6) of CGST ACT both are jointly and severally liable to pay or to pay ITC.
The supplier is also statutorily bound to file returns under Section 39 wherein he is to mention details of all invoices.
It is clarified that the furnishing of outward details in FORM GSTR-1 by the corresponding supplier(s) and the facility to view the same in FORM GSTR-2A by the recipient is in the nature of taxpayer facilitation and does not impact the ability of the taxpayer to avail ITC on self-assessment basis in consonance with the provisions of section 16 of the Act.
The apprehension that ITC can be availed only on the basis of reconciliation between FORM GSTR-2A and FORM GSTR-3B conducted before the due date for filing of return in FORM GSTR-3B for the month of September, 2018 ,further extended to 31 March 2019.
As per Section 155 of CGST Act, 2017 the burden of proof is cast upon the person who claims ITC.
As per Section 43 A (6) of CGST ACT both are jointly and severally liable to pay or to pay ITC.
The supplier is also statutorily bound to file returns under Section 39 wherein he is to mention details of all invoices.
subhagan sreerangam
(7054 Points)
Replied 03 November 2019
What can I do with ITC difference between GSTR 2A and in my Purchase Register?.
Surjeet Negi
(947 Points)
Replied 03 November 2019
Please read above carefully, the answer is already mentioned above.
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