Input credit claimed allowed invoice


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Quick Summary
A GST-registered composite scheme dealer purchased goods from a seller who issued a 'Bill of Supply' instead of a tax invoice. The seller's details indicate they are not GST registered and have a turnover below 40 lacs. Generally, input tax credit cannot be claimed on a Bill of Supply. To claim credit, you must have a valid tax invoice from a GST-registered supplier. It's crucial to verify the vendor's GST registration status.

11 September 2020 A gst registered composite scheme dealer purchases of some goods .seller invoice details mentioned below:
Trade name :xxxxxxxxxx
Bill of supply
Invoice no.130 , Dt:20-08-2020.
Aadhaar no.xxxxxxxx
Turnover below 40 lacs
Invoice value :35,400/-
Question:
Dealer above mentioned invoice shown in gst returns accepted under gst act.

11 September 2020 GST returns cannot be filed without GST number.You need to check with the vendor if he is registered under GST.

11 September 2020 gst number nil dealer below 40 lacs turnover in shown invoice


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