Difference of. GST rate

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Assistant
362 Points Posted on 15 October 2023
Respected Sir,

GST rate on item is 12% but by mistake supplier charge 18% same reflect in my 2B. so can I claim 12% and rest 6% reverse the ITC in same month or claim full 18%

please advise
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On 15 October 2023 at 09:35 Report
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Quick Summary
This discussion addresses a common GST issue where a supplier incorrectly charges 18% GST instead of the applicable 12%. Advice is given on how to handle this discrepancy, including options to claim the full 18% ITC if the difference is paid to the vendor, or to claim only the actual 12% ITC and request a credit note from the supplier for the excess amount.

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GST Consultant
15986 Points Posted on 15 October 2023
You can claim full 18% if you pay the full amount to your vendor
1 Reply
On 15 October 2023 at 10:10
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"Do the Right Thing...!!!"
128157 Points Posted on 15 October 2023
Better to Claim actual rate of ITC...

Also request to supplier for correction of the invoice...
1 Reply
On 15 October 2023 at 11:46
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Chartered Accountant
145 Points Posted on 15 October 2023
If u want take full ITC then pay difference amount otherwise take actual itc and ask for credit note
2 Reply
On 15 October 2023 at 20:36

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