Review of Whether the Client Took The ITC

Save Share

This query is : Resolved

Quick Summary

This discussion addresses how a business can verify if their clients have claimed Input Tax Credit (ITC) on sales submitted through the GST portal. It covers scenarios where services haven't been rendered or payment hasn't been received, and explores options for rectifying such situations, including issuing credit notes and requesting ITC reversals. The advice also touches upon potential liabilities if ITC is incorrectly claimed and the implications of not rectifying errors.

Vishal Chopra

Vishal Chopra (Querist)
Follow

30 September 2023 Sir,
If I made a Sale to My Client I Subit Such Sale on GST portal by way of GSTR 1 and 3B,
Is there any way to See in My GST Portal, Whether if my Client took that ITC

Issue
There are Some Bills issued to clients and Uploaded in GST Portal to whom we had not rendered Service so we have Debtors but the amount is not receivable to us How Can I rectify it with GST Perspective
Some bills are within the FY, some are even Before

Should I rectify My GSTR 1

If the Client Accepted the ITC will the Client becomes Liable to Pay

Can I raise a request for Reversal Of ITC

Your Help will be mostly Obliged

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

30 September 2023 ITC can't be claimed for the amount service not rendered and payment not made within 180 days.
Issue letter to them reverse ITC for unpaid amount. If not reversed it will be informed to GST official.

Arun Kumar Singh

Arun Kumar Singh (Expert)
Follow

04 October 2023 If services have not been provided and invoice issued by you reflated on GST Portal, then you can adjust the paid tax through credit note within prescribed time limit.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!