Excess Output

Originally posted by : Sandeep Jain
	Thank you Raja Sir,

You are most welcome Sir...

You can claim full 28% ITC if the same is being charged by the supplier and you are paying it to him even though its an incorrect rate

Originally posted by : Ashwin Kumar
	As said by CA Altamush Zafar...you can claim...however if he files amendment better be ready to reverse the credit

It's not good dear.

Bcoz, Even dept raise query about excess taken of ITC.

(Dept raise SCN to some of dealers, this is also some persons raise query in caclub)

Department will raise query if it is in excess of Gstr2b..Since the seller is showing 28% then it will not be shown as excess. If later on seller amends the GSTR2B will itself reflect reversal/adjustments to be done in ITC..

If supplier charges 28% & if one paid full amount to the suppliers & not getting full itc as Mr. Raja Sir mentioned to not to take excess ITC ........ then customer have bearing a loss?? At that time what should have to be done by the customer ??