Our Client dealer of Apollo Tyres.
Major Purchases from them. He booked ITC of Rs. 63 Lakhs from various supplier MRF , JK , including Apollo. However ITC as per 2B it's only 22 lakhs. On verification it is found that Apollo Tyres filed GSTR1 of Rs. 41 lakhs on 12th of Jan...resulted in non reflection in GSTR2B. It is highly critical situation I can't advice my client to pay GST.. I took a call and file the GSTR3B with ITC 63lakhs..
Any suggestions.
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Replies (1)
No suggestions as already credit had been availed by you.
But its risky as notice may come at any time.
Keep GSTR 2A form with you as documentation which you have done reconciliation for further clarification if any notice comess
But its risky as notice may come at any time.
Keep GSTR 2A form with you as documentation which you have done reconciliation for further clarification if any notice comess
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