Caluse 27(a) of 3CD
This query is : Resolved
CA Vishal Variya
(Querist)
17 October 2019
Whether GST ITC reporting will be covered under this Clause ?
18 October 2019
No need to show in fin yr 2018-19. Inference - rule 3 of CENVAT Credit rules, 2017.
Darshan Jain
(Expert)
18 October 2019
There is an anomaly. While the utility of Form 3CD requires reporting of ITC, the form as provided in rules is not amended to include the words Input Tax Credit. Thus, the predominant view is that it should not be reported. However, in my view if the details are available the same should be reported, rather than taking an ultra-technical view.
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