Gst and I.t. query
This query is : Resolved
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
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)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- GST Rate for Catering Services
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- NRI starting business in India
- GST not cancelled by tenant
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
