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ITC under old system for developers

ITC / Input 222 views 1 replies

Dear Sir,

The developer has not intimated Jurisdictional Commissioner about availing old rate of 8%/12% by 20th May, 2019 and has been doing the same till now along with availing ITC....They were not aware of any such intimation to be given to Jurisdictional Commissioner....Now what is the remedy available as the GST officer asks to reverse the ITC along with interest.....is there any option of intimating now and availing the ITC.

Was the intimation to be given online or in manual. They want to continue with the old method. Please suggest the course of action.

 

 

Replies (1)

It was to be given manually. As of now no legal remedy available.


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