Dear Team,
There is a small issue with regards taking GST credit.
Scenario : It pertains to payment gateway industries where there the aggregator enters in agreement between merchant and the banks. Bank deducts the commission amount and GST on transaction and tranfers the amount to aggregator. This happens on daily basis and recon files are also submitted. On the same basis the company has taken GST input on the bank commission. However Bank has issued invoices in the name of aggregator submerchants and no GST number is mentioned. All the necessary proof of evidence about giving GST number and request for ammendment was shared with the bank within the due date. It is errors on banks fault and they have deposited the tax amount in b2cs rather then doing under b2b. they are deying that they cannot make any changes.
Kinldy suggest if GST input will be disallowed or how can get revised invoices in companys name
CAclubindia
