Gst and I.t. query
This query is : Resolved
Kollipara Sundaraiah
(Querist)
22 June 2020
1.One of I.t. Assess purchases of goods on credit based dt:10-04-2020 invoice amount rs.2,50,000/-.
Assess cash payment rs.10,000*25 days=2,50,000/- paid
1.assess each day rs.10,000/- paid sec 40a(3) accepted in I.t. act.
2.violation sec 269 St provision.
2.one of gst registered regular scheme dealer purchases of goods (two invoices ) not reflected in gstr2a
Reason seller invoices b2c shown in gstr1.
Assess two invoices(gstr2a not reflected) ITC claimed eligible or not in gstr3b
Assess cash payment rs.10,000*25 days=2,50,000/- paid
1.assess each day rs.10,000/- paid sec 40a(3) accepted in I.t. act.
2.violation sec 269 St provision.
2.one of gst registered regular scheme dealer purchases of goods (two invoices ) not reflected in gstr2a
Reason seller invoices b2c shown in gstr1.
Assess two invoices(gstr2a not reflected) ITC claimed eligible or not in gstr3b
Murtaza I Bhagat
(Expert)
22 June 2020
A. Yes applicable Section 40A(3) and Section 269 ST Penalty shall be apply u/s 271DA
B. ask supplier to amend GSTR01 from B2C to B2B then you will get reflected in 2A. (Not so big problem)
B. ask supplier to amend GSTR01 from B2C to B2B then you will get reflected in 2A. (Not so big problem)
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