BLOCKED-INELIGIBLE GST CREDIT

This query is : Resolved 
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A business is seeking advice after the GST department insisted they claim and reverse ineligible GST credits for the 2022-23 and 2023-24 periods, threatening penalties. The advice given is to only act upon written communication from the department that specifies the reasons as per the GST Act, and not to comply with verbal instructions.

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(Querist)
15 November 2024 SIR
WE ARE NOT TAKING BLOCKRD/INELLIGIBLE CREDIT WHILE CLAIMING ITC. NOW THE DEPARTMENT ASK US TO TAKE AND REVERSE THE SAME FOR THE YEARS 22-23 AND 23-24 OTHERWISE PENALTY WILL BE IMPOSED. PLEASE ADVISE.

THANKS IN ADVANCE

REGARDS
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
15 November 2024 Have you received any written communication?
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hari

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hari (Querist)
15 November 2024 YES ASKING US TO TAKE AND REVERSE THE CREDIT. NOT MENTIONED ANY PENAL ACTIONS THAT THEY ARE TELLING US VERBALLY.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
15 November 2024 Unless you receive any communication in writing with reason specified as per GST act, don't act.
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