We came to know from GST Office that :
GST Audit will Claim for Mismatched ITC in Yearly Return Basis ---
But Not Monthly (3B) Return Basis ----
Its True ????? please reply... thanks
Menu
GST Authority Claim for Mismatched ITC in Yearly Return
Replies (3)
Quick Summary
You can claim such mismatched itc ( gstr 2A) not yearly basis you can take quarterly basis
Actually it is on monthly basis. But the department is checking on yearly basis. If there is a difference on yearly basis then they are issuing notices and demands
ITC (Input tax credit) is to be taken on a monthly basis while GST department audits it on a yearly Return basis
Recent Topics :
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
- Remittance to italy
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
Related Topics :
CAclubindia
