Itc input credit not uploaded by supplier

ITC / Input 153 views 1 replies

can someone please guide me there is a shortfall of rs.1200 in my gstr2a as against gsrt3b for 1.7.17 to 31.3.18. the supplier has wound up his business and not filed returns. can i now pay 1200 in drc03 while filing annual return with penalty and interest so my gstr2 a and gsrt3b tally to nil.  can someone guide.

rgds

Replies (1)
As per section 16 CGST Act , to claim ITC , the Recepient should have Tax Invoice, he has reced. the goods, supplier has Deposited Tax & filed the Return.

But as GST 2, & 3 has not been started yet hence If you having copy of Bill & goods reced receipt , then no need to deposit the same But ,.... as you have the information that your supplier has shut down the business then You must deposit the Tax with Interest .

Yes you pay the same in DRC 03 while filing Annual Return


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