Input claiming
This query is : Resolved
15 October 2018
DEAR SIR,
FOR EXAMPLE : ABC IS A FIRM , WHICH HAVE A TOTAL INPUT OF Rs.5,00,000/-( AS PER ORIGINAL GST BILL OF PARTY) but as per gstr2a TOTAL INPUT IS RS.425,000/-. Rs.75,000/- input is not uploaded by the party, so it is not in GSTR2A. But we claimed INPUT OF rS.500,000/-
My question is , shall I need to reverse the input of Rs.75,000/- and pay to the same to the GST.
OR ,
Can I take the full GST as per the proof of original GST bill supported?
I asked this question for lot of people also. Practically in my accounts, I reversed and paid Gst. But 90% people taken their full gst as per bill proof.
SO KINDLY CLARIFY THIS WITH PROOF OR IN SUPPORT ANY NOTIFICATION.
thank you very much in advance..............kindly clarify at the earliest
FOR EXAMPLE : ABC IS A FIRM , WHICH HAVE A TOTAL INPUT OF Rs.5,00,000/-( AS PER ORIGINAL GST BILL OF PARTY) but as per gstr2a TOTAL INPUT IS RS.425,000/-. Rs.75,000/- input is not uploaded by the party, so it is not in GSTR2A. But we claimed INPUT OF rS.500,000/-
My question is , shall I need to reverse the input of Rs.75,000/- and pay to the same to the GST.
OR ,
Can I take the full GST as per the proof of original GST bill supported?
I asked this question for lot of people also. Practically in my accounts, I reversed and paid Gst. But 90% people taken their full gst as per bill proof.
SO KINDLY CLARIFY THIS WITH PROOF OR IN SUPPORT ANY NOTIFICATION.
thank you very much in advance..............kindly clarify at the earliest
15 October 2018
(SO KINDLY CLARIFY THIS WITH PROOF OR IN SUPPORT ANY NOTIFICATION.)
As per Your requirements no more proof. except reverse the excess claim ITC (Based on 2A).
As per Your requirements no more proof. except reverse the excess claim ITC (Based on 2A).
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
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- 18% Rent a cab
- Import of Capital Machine
- Closer of business and itc of capital goods
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Capital gain on commercial property and investment in residential property
- Appointment of Auditor By Form ADT-1
- RCM and same line
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
