Input tax credit (itc)
This query is : Resolved
07 October 2018
Dear Experts,
Important Query If anyone can solve this...
I started working in a new firm (Proprietorship).. The owner not filled any GST (Payment and Returns) for the Year 2017-18.. Now he is filling the same for the year 2017-18 but the thing is..
His CA has given him GST portal data of GSTR 2 now he (Owner) is matching GSTR 2 with tally ledgers (Statutory) and which is not their in the GSTR 2 data, now he wanted us to remove that ITC from tally which is not reflected in GST portal data which is coming around ITC of 255000 rupees..
Question is
1. Can he claim that ITC 2017-18 in any of the sections
Important Query If anyone can solve this...
I started working in a new firm (Proprietorship).. The owner not filled any GST (Payment and Returns) for the Year 2017-18.. Now he is filling the same for the year 2017-18 but the thing is..
His CA has given him GST portal data of GSTR 2 now he (Owner) is matching GSTR 2 with tally ledgers (Statutory) and which is not their in the GSTR 2 data, now he wanted us to remove that ITC from tally which is not reflected in GST portal data which is coming around ITC of 255000 rupees..
Question is
1. Can he claim that ITC 2017-18 in any of the sections
CA R SEETHARAMAN
(Expert)
07 October 2018
No he can't claim ITC if it's not reflected in gstr 2.
CA R SEETHARAMAN
(Expert)
07 October 2018
Contact supplier to include in their gstr 1.
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