if I file my march gstr1 retunr in Oct 2020 so my vender can't take credit of my invoice ???
Replies (5)
Quick Summary
Filing your March 2020 GSTR1 return in October 2020 means your vendor cannot claim Input Tax Credit (ITC) for your invoices, as the September return due date has passed. If your vendor has already claimed the ITC, they will need to reverse it and pay interest. You may face a situation where you've paid the tax, and your vendor demands the tax amount again, potentially leading to double payment for the same invoice.
But I already paid tax on thos invoice and vendor demand me tax amt so I have to pay to vender also ?? or there are any other way. why I pay double tax for same invoice ??