ITC Disallowed
This query is : Resolved
08 October 2021
I have received a SCN from GST for disallowing ITC. I have been asked to pay the ITC amount as filling my GSTR 3B was delayed. Nov17, Dec17, Jan18, Feb18 & Mar 18 was late filled in May19. The amount is very huge 39L. I have closed my business in Mar 2020 and closed my GST in Apr 2021. SCN was issued on Oct 2020. What should I do, please guide me? Is there any notification that I could take shelter. Is there any case study you could refer.
11 October 2021
If you have not paid the disallowed ITC, then you should pay it and save yourself from penalty.
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
- Supply through E-commerce Operators
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- Sales return eway bill
- Agriculture income or business income
- GST ON DAMAGED GOODS
- Tax liability on income of freelancer
- STCG FOR GOLD ETFs
- Taxation on LTCG for property sold after 24JUL2024
- GST Registration Horse racing
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
