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ITC claim in FY 17-18

22 April 2022

Inv reflects in 2A but we don't have invoices & no payment made can it be assessed as our purchase & add back in our out put turnover & raised demand by officers why bcz it's available in 2A we informed to suppliers but they are not responding

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6 Replies

CA. Heet Shah (Tax Consultant & Practitioner) (6180 Points)
Replied 22 April 2022

Since you dont have invoice Nor have you made payment you are not eligible to claim ITC in any case .

CA. Heet Shah (Tax Consultant & Practitioner) (6180 Points)
Replied 22 April 2022

Mere reflection of invoice in GSTR-2A does not makes you eligible to claim iTC .

CA. Heet Shah (Tax Consultant & Practitioner) (6180 Points)
Replied 22 April 2022

Also even if the vendor has supplied goods or service but when you don’t hold invoice for the same you cannot claim the ITC

CA. Heet Shah (Tax Consultant & Practitioner) (6180 Points)
Replied 22 April 2022

Further the even if you carry the invoice you need to pay the consideration to the supplier within 180 days otherwise you shall reverse the ITC along with Interest.