Wrongly taken gst credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 September 2018
Dear sir,
I was purchases good from trader, he used to issue me bill with GST amount mention, I was not aware that he is register under composite scheme & i have avail input credit from that bills, Now what should i do & how can i rectify my mistake.
I was purchases good from trader, he used to issue me bill with GST amount mention, I was not aware that he is register under composite scheme & i have avail input credit from that bills, Now what should i do & how can i rectify my mistake.
05 September 2018
Composite dealer can not claim GST, He has to pay from his pocket, Composition GST 1 or 2 % as the case may be on total Turnover, how can you miss the GST Tax Percentage if he charged on the bill,
Wrong availing of ITC interest applicable @24% PA
Wrong availing of ITC interest applicable @24% PA
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