22 April 2020
I AM FILLING ANNUAL RETURN 1. ITC as per GSTR-2A for cgst 15000 2.ITC as per sum total of 6(B) and 6(H) above(GSTR 3B)- FOR CGST IS 20000. THEN WHAT SHOULD I DO IN ANNUAL RETURN?? SHOULD I KEEP IT AS IT IS??
23 April 2020
I think you are bound to receive a notice from the department, but I think for the first year credit would be allowed based on invoice. even though the law says tax should have been paid, it is better you keep the invoice ready and defer payment of tax and interest. just file it as it is.
CAclubindia
