banner_ad

Input claim disallowed

Others 322 views 3 replies
Dear Sir,
One of my debtor is doing business under 2 gst no but same entity name. I have filed gst return for may'19 under his old gst no, but revised the same in new gst no in march'21. Now he is telling that govt is not allowing input credit under new gst no.

Please some body can guide me what can be done.

Thanks and Regards,
Sanjay Prasad
Replies (3)
Input claim can be disallowed for many reasons
is he a regular assesse?
then purchase from unregistered dealer?

At present you cant do much. The amendment made by you was late. A better alternative would have been for your debtor to claim ITC in old and generate invoice to new thereby transferring the ITC but since you have made amendment and it is late no ITC can be claimed by your debtor in either of its registration.

Better engage a proper professional to guide you in such matters before matters get out of hand.

With this budget more restrictions on ITC are proposed to be implemented.

Thanks for your guidance.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details