Can we purchase ineligible ITC bill in B2B?
Menu
Ineligible input credit
Replies (6)
what sort of query is this ??
Yes ...... you can , but needs to reverse the same
What is purchase ineligible ITC ???
yes you can but the same should be reported as ineligible under table 4D of GSTR 3B.
Ineligible ITC should reported in 4D of the GSTR3B.
If we purchase the same in B2C,any problem due to the same?
Recent Threads
- ITR 2 Processed and Refund Credited to Bank
- Freelancer or Salaried
- LTCG Tax & Indexation on Debt Mutual Funds Sol
- Section 45(5A) and 194IC with carry forward of tds
- Paid tax amount, CIN generated and challan downloa
- INTRADAY INCOME PRESUMPTIVE INCOME
- Clarification on Deemed Export Status for EOU-to-E
- LTCG Tax on property
- Short term gain in itr2, missing 111A
- Errors in ITR Filing: Minimum One Character Requir
Related Threads
CAclubindia
