Hitesh rawal 19 November 2019
1.AS per new GST rules its said that we can claim only the bills uploaded on 10th of the months so how would be the situation if the purchase pary is engaged in quaterly scheme .(As per circular no.123/42/2019-GST)
2. What for the Bills uploaded in GSTR1 after 10th of the month as its said we can claim input of the bill uploaded till 10th of the month what if the party has filed late GSTR1.
Sneha Latha (Paid Assistant) 25 November 2019
As per Rule 59 of CGST Rules, 2017, GSTR-1 is required to be furnished u/s 37(1) of the CGST Act. As per notification no. 57/2017 Central Tax dated 15-11-2017, specified class of registered persons have the facility to file GSTR-1 on quarterly basis. Hence, filing of GSTR-1 on quarterly basis would also be in terms of section 37(1) only, as required under rule 36(4). Hence ITC can be claimed on monthly basis even though such invoices uploaded on quarterly basis by the suppliers. However, if the quarterly filers fail to upload invoices by the due date, then there would be non-compliance of rule 36(4).