A Seller has given a wrong TIN number of the Buyer in the Sales Invoice and the monthly online returns were also filed. Now the buyer has received notice from their sales tax department, rejecting their claim for Input Tax Credit. The buyer is claiming this differential tax amount from the seller.
Is the buyer intention is right ??. Is there any other way to rectify this error. Is any provision of the Sales Tax Act/Notification/Circular, describes this situation ?
In this case, buyer is not the defaulter. so dnt be worry.! if u entered correct tin no. of the seller while filling return online.! u just have to make a letter with the supporting of tax invoice and submit it to the deptt.! and the deppt will send a notice to the seller for why he has entered wrong Tin no. of the buyer.!!!
:-)
thanx & regards
Piyush Tanwar
Tiwari & Associates, New Delhi
email- imcoolpiyush.tanwar @ gmail.com
File a Revise Return with Currect TIN no of Buyer.......
| Originally posted by : Sonu Kumar | ||
 |
Filing the revise return is a right procedure, for rectification. |
|
@ sonu and @ sathiyadeepan
there is no need for revise return!! buyer have entered right tin no.! mismatch is made becoz of seller mistake as he entered wrong tin no. of the buyer.! so it is the accountability of the seller to correct it.! if department issued notice for this mismatch to buyer, so buyer has the right to make an application with supporting relevant for input claimed for that purchase!
Regards
Piyush Tanwar
Tiwari & Associates, New Delhi
Mobile - 9717468521
email- imcoolpiyush.tanwar @ gmail.com
@ piyush
In my opinion the return has to be revised.
Even if letter is send to the seller requesting explanation for quoting wrong TIN then he will have to revise his return to correct the mistake.
No need to reimburse the buyer, just revise the return and he will get the credit
hi,
I agree with sonu kumar, thomas, sathiyadeepan. The buyer can get the correct tin no from the seller and file the revise return. Here, if the seller is not having any tin or if the buyer is again getting any notice then, communicate with respective LVO or follow the method mentioned by "piyush tanwar". It means, that either seller is giving bogus invoices, hence, audit system is not recognizing it or there may be some technical problem with the seller's tin no.
regards,
Jafer
Hello sir, I am zaheeruddin unemployed willing start small proprietor firm ,i need tin no when apply through online they asking reference from chamber of commerce /two respectable person /bussiness applicants from areas , i dont have this how to get this reference and i need tin for any commodity , some time i think selling of packaged drinking water, or plastics scrap, metal scrap, electronics goods,etc., so please guide me .....thank you by regards zaheeruddin...:-)
In this case only @ Mr Piyush Tanwar is right , there will be no effect on mismatch return till seller revise the return. Return revised by buyer will make no effect on report as mistake made by Seller not by Buyer.
Dear Sir,
My name is JRK. I am working as accountant in Granite industry. I read your article and doubt clarification regarding TIN number correction in Sales invoice.
Here my problem is,
we are purchasing machinery tools from other states. In that, one of our seller issued invoices with wrong TIN ( not our TIN) . we are filed CST 2%.
Please tell me how to rectify the problem . we want to go for Input Tax Credit for this year 2015-16
Dear Sir,
My name is JRK. I am working as accountant in Granite industry. I read articles and doubt clarification regarding TIN number correction in Sales invoice.
Here my problem is,
we are purchasing machinery tools from other states. In that, one of our seller issued invoices with wrong TIN ( not our TIN) . we are filed CST 2%.
Please tell me how to rectify the problem . we want to go for Input Tax Credit for this year 2015-16
@ Mr Roop Kumar, First of all you cannot claim Input Credit on Central Purchases (Purchase outside from State) so there is no Issue of Tax Credit,
In case of wrong tin on Invoice you can inform to seller to correct your Tin in their records (if invoice is other than computerized)
if Invoice is computerized ask for fresh Invoice having correct tin of buyer.
Regards
Deepak Sharma
Dear Sir,
I changed my firm from proprietary to partnership in April 2012 with name of the firm as same.
Now during purchase some of my seller used my old tin number instead of new, which I didn't notice.
Now I have been send notice of mismatch J1 and J2.
How to go about it
Your seller has to revise file the return with your correct tin no.
What in case if the seller of goods is liable to VAT audit (Maharashtra)? Can a seller revise his return merelry on request of his customer.
CAclubindia
