GST demand notice for ITC reversal against exempted supply.
This query is : Open
Quick Summary
Mahabir Prasad Agarwal
(Querist)
07 February 2024
Sir, One of my client has received a SCN against FY 2018-19
from GST deptt.raising a demand of 50,000/- against Proportion of
commons ITC against exempt supply. Sir, my client has used his entire
ITC against his Supply only. No ITC claimed on exempted goods, No any ITC
against personal or any other use except his business purpose. How to proceed
with this said demand ?
from GST deptt.raising a demand of 50,000/- against Proportion of
commons ITC against exempt supply. Sir, my client has used his entire
ITC against his Supply only. No ITC claimed on exempted goods, No any ITC
against personal or any other use except his business purpose. How to proceed
with this said demand ?
CA R SEETHARAMAN
(Expert)
08 February 2024
Reply to the notice with details with calculation.
08 February 2024
You can reply appropriately giving all details that entire ITC was claimed only on taxable items.
CA Rashmi Gandhi
(Expert)
09 February 2024
Reply to the above said notice by providing relevant proof of use of ITC (invoices)
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