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Gat charge on purchase of goods

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Singh Kamboj

410 Points Posted on 25 September 2020

a cable operator purchase cable wire and some other products relating to their business, seller hand over the bill/ invoice to cable operator, the total amount includes gst. how can I deal with such gst charged by seller at the time filing of gate 3b return.

Replies (2)

Quick Summary

This discussion explains how cable operators can claim Goods and Services Tax (GST) Input Tax Credit (ITC) on business purchases. Provided the purchase is for business purposes and the invoice is in your business name with your GSTIN, you can claim the GST charged by the seller in your GSTR 3B return. It's essential to verify that the bills appear in your GSTR 2A before claiming ITC.

Sagar Patel

Tax and Business Consultant

11616 Points Posted on 25 September 2020

You can take ITC of same in your GSTR3B return, as it's used or to be used for furtherance of business Subject to section 16 of the CGST Act,2017 i.e Invoice on business name, your GSTIN mentioned on the bill ect...