Menu
input tax credit
If there is a condition that tax should have been paid to gov for availing ITC...then what is provisional credit....is it admissible while calculating eligible credit
Replies (1)
First, the credit what you claim in GSTR 2 is provisional and subject to matching of GSTR 3 of both supplier and recipient by GSTN
If supplier has not paid GST on a supply then ITC is not available to the recipient is one of the conditions stipulated in Sec. 16(2)
If supplier has not paid GST on a supply then ITC is not available to the recipient is one of the conditions stipulated in Sec. 16(2)
Recent Topics :
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
- GST Reconciliation Tool (2A vs Books) - looking fo
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
Related Topics :
CAclubindia
