My clients has claimed itc of 19-20 , but the seller has not paid his gst liability.. And the clients has received a notice from department asking for reveals and payment.
Now if the seller pays their liability.. Whether the clients will still be eligible to claims full itc
Menu
Claiming itc after 30 th September of next fy
Replies (1)
If the seller has not been paid taxes within 180 days from the date of issue of invoice and after 180 days buyer was claimed itc shall be reversed, unless and untill the seller will not pay taxes the buyer can't cliam itc.
Recent Topics :
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
Related Topics :
CAclubindia
