GSTR 1 and 3B
This query is : Open
07 December 2019
Dear Sir,
If a company (ABC Pvt Ltd) has claimed ITC on a valid invoice copy in the month of April 2019 but the (XYZ Pvt Ltd) supplier has not filed the GSTR 1 till June 2019.
What shall ABC Pvt Ltd do in this case??? Please advise...
If a company (ABC Pvt Ltd) has claimed ITC on a valid invoice copy in the month of April 2019 but the (XYZ Pvt Ltd) supplier has not filed the GSTR 1 till June 2019.
What shall ABC Pvt Ltd do in this case??? Please advise...
07 December 2019
Wait for 6 months and reverse ITC
07 December 2019
Sir,
If the ABC has taken ITC for FY 18-19 but XYZ has failed to file the GSTR 1 till date. then what shall ABC do???
If the ABC has taken ITC for FY 18-19 but XYZ has failed to file the GSTR 1 till date. then what shall ABC do???
07 December 2019
Reverse ITC and pay with interest if applicable.
07 December 2019
Yes , Sir.
Please confirm whether ABC needs to pay interest also because it is a bonafide transaction. Company has all evidence viz invoice, email, etc
Please confirm whether ABC needs to pay interest also because it is a bonafide transaction. Company has all evidence viz invoice, email, etc
07 December 2019
Interest not payable if credit not utilized for payment
Message likes :
1 times
10 December 2019
Thank you very much Sir...
11 December 2019
Welcome............................
21 December 2019
Hi Sir, Please check and confirm whether any changes required or any mistake is there.
Format Section reference
Tax Invoice (Under Rule 46 of CGST Rules 2017 & Sec 31(1) of CGST Act 2017)
Bill of Supply (Under Rule 49 of CGST Rules 2017 & Sec 31(3)(c) of CGST Act 2017)
Credit Note (Under Rule 53 of CGST Rules 2017 & Sec 34(1) of CGST Act 2017)
Debit Note (Under Rule 53 of CGST Rules 2017 & Sec 34(3) of CGST Act 2017)
Receipt Voucher (Under Rule 50 of CGST Rules 2017 & Sec 31(3)(d) of CGST Act 2017)
Payment Voucher (Under Rule 52 of CGST Rules 2017 & Sec 31(3)(g) of CGST Act 2017)
Refund Voucher (Under Rule 51 of CGST Rules 2017 & Sec 31(3)(e) of CGST Act 2017)
Tax Invoice under RCM (Under Rule 46 of CGST Rules 2017 & Sec 31(1) of CGST Act 2017)
Sir, please provide me the reference Rule No. and Section No. in CGST Act and CGST Rules - under which Credit note and Debit note with reference to Bill of Supply - will be issued?????
Format Section reference
Tax Invoice (Under Rule 46 of CGST Rules 2017 & Sec 31(1) of CGST Act 2017)
Bill of Supply (Under Rule 49 of CGST Rules 2017 & Sec 31(3)(c) of CGST Act 2017)
Credit Note (Under Rule 53 of CGST Rules 2017 & Sec 34(1) of CGST Act 2017)
Debit Note (Under Rule 53 of CGST Rules 2017 & Sec 34(3) of CGST Act 2017)
Receipt Voucher (Under Rule 50 of CGST Rules 2017 & Sec 31(3)(d) of CGST Act 2017)
Payment Voucher (Under Rule 52 of CGST Rules 2017 & Sec 31(3)(g) of CGST Act 2017)
Refund Voucher (Under Rule 51 of CGST Rules 2017 & Sec 31(3)(e) of CGST Act 2017)
Tax Invoice under RCM (Under Rule 46 of CGST Rules 2017 & Sec 31(1) of CGST Act 2017)
Sir, please provide me the reference Rule No. and Section No. in CGST Act and CGST Rules - under which Credit note and Debit note with reference to Bill of Supply - will be issued?????
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
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Minimum tax payable to file Updated return
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Dep. as per companies act
- Applicability of GST on Salary Reimbursement Component
- Change Of Karta In Case of Death
- TDS on purchase of under construction property from a reseller
- Need Professional Opinion AY 2012-13 Old Demand
- Renovation exp. in flat by family member
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
Quick Links
ARTICLESHIP
18 September 2026
Industrial Trainee
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
CCI
Pro
CAclubindia
