Import in name of proprietor - use in business
This query is : Resolved
22 July 2019
I proprietor of GST registered firm imported a soldering heate costing Rs. 30,000/-. It was billed in my name. Custom clearance was done without IEC and GST registration though both are available at the time of clearance. It will be used for repairing service and manufacturing. Before the clearance I asked the FedEx to alter the bill of entry however they ignored and cleared with my AADHAR. So ineligible for GST ITC. It happened in the current month. Is there any way to amend and normalize to get ITC normalize the bills? If not possible to anything now, is it possible to claim depreciation?
22 July 2019
You may go to the Customs authorities who has /have cleered the cargo and explian the position.
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
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- Gst registered proprietorship firm
- Minimum tax payable to file Updated return
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Change Of Karta In Case of Death
- GST Intimation due to Government took possession of Business Premises under PPE Act
- UDIN ISSUE
- SALARY CAN BE CAPITALIZE
- Tax rate change regarding
- Non filing of I T Returns
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- 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
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
