we issued a invoice with 18% gst to client in January 2021.
we show invoice in gstr1 with 18%.
client made payment basic amount with gst 5% in April 2021.
he says that he take itc of 5%due to mistake.
our 13% gst amount on hold .
we reminding customer to pay balance amount.
now they reconcile it.
now September returns filed.
how can client claim itc of difference amount & make payment to us.
what can we do?
I think your client can't hold you responsible for her/his mistakes. Moreover, ITC is availed on the basis of invoice from the supplier and not on the basis of payment by the buyer to the seller.
CAclubindia
