How i verify that vendor has pay tax liability so that I could take tax credit ,The problem is vendor has opted Quarterly return option because he has less then 1.5cr turnover. but GSTR-3B has to file on monthly basis and GSTR 1and 2 on quarterly basis , so how i verify that .
please give suggestions
as soon as possible.
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input tax credit .
Replies (12)
Ha ha ha ha....
Good Question....
But, No answer from CBEC or We....
๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ
Also the same way...
GSTR 3B return is first... GSTR 1 return is next...
So,
No way for take ITC based on GSTR 2A....
๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ญ๐ญ๐ญ๐ญ
Good Question....
But, No answer from CBEC or We....
๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ
Also the same way...
GSTR 3B return is first... GSTR 1 return is next...
So,
No way for take ITC based on GSTR 2A....
๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ญ๐ญ๐ญ๐ญ
So there is no solution for this problem, because in last month vendor also not pay the liability of tax .
You can verify it after they submit gstr1 at quarter period.
That I already know but the problem is arising now and quarterly filling is about to 1.5 month .
By the way sir it's is not more CBEC Now it's CBIC (Central Board of Indirect taxes and Customsย )โบ
By the way sir it's is not more CBEC Now it's CBIC (Central Board of Indirect taxes and Customsย )โบ
It's typical mistake like CBIC is CBEC... ๐๐๐
No more solution...
Consider or Discuss to the Dealer...
No more solution...
Consider or Discuss to the Dealer...
matching cannot happen as both have different frequency of reporting .
Tell the supplier to file gstr1 at the earliest
Vendor ke tax payment se your credit wont be restricted. You have to pay him within 180 days. Ab wo aage sarkaar ko de rha hai ya nai not your headache. Law mei paแธo section 16/17
Okay sir I will read.
Good Luck Dear...
The other way is to contact supplier and ask for monthly Leger statement which they will upload in quarterly gstr1.
I understand that your point would be that 2A would show after 3 months When the vendor files the quarterly return.What to do when I take credit in Jan but vendor declares in April qtrly return.
Only solution is to withhold the payment of that invoice or any future invoice covering your exposure
Till the vendor files a return
Only solution is to withhold the payment of that invoice or any future invoice covering your exposure
Till the vendor files a return
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