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)
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 Topic
Related Topics
CAclubindia
