FROM THE PURCHASE BILLS GIVEN WE CLAIMED ITC, BUT SO FAR, SUPPLIER NOT DISCLOSED AS B2B SALES.
FINALLY WHEN WE CHECKED THE BILLS ITS MENTIONED AS UNREGISTERED DEALER. BUT ACTUALLY WE ARE A REGISTERED DEALER, AND WE GIVEN TO THEM OUT GST NO.
NOW HOW TO GET THE ITC.
CAN WE ASK THE DEALERS TO AMEND THE SALES FROM THEM TO US?
ITC is Not Available on supplies from a unregistered person. since you have wrongly claimed ITC but later on it was found that the Supplier was not registered. you have to pay back the ITC claimed wrongfully with Interest.
Supplier registered,, but the sales invoice they not mentioned our gst no.as well as itc.
You should have verify the Tax Invoice before claiming any ITC
Krea University
Chennai
CA
View Details
Arpan Bohra & Co
Hyderabad
CA Inter
View Details
Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Final
View Details
CCI
Pro
CAclubindia
