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Non credit of ITC -doubt

Maya (Student) (658 Points)

13 November 2018

Dear frds/ experts,

One of the company had bought chairs for office and some jewels for gift purpose and received the GST bill , where the company's GST no. was printed. It was nearly during Jan'2018....while auditing we came to know that the parties who given that GST bill, haven't paid the GST, so that it was not reflected in GSTR 2A. As a result the company couldn't claim that GST amount...Now my doubt is, how to solve this problem and make this company to get this ITC benefit??? Plz treat very urgent & do needful....

Thanks with regards,
-Maya.

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7 Replies

Ravi (Ca articleship) (335 Points)
Replied 13 November 2018

I can ask that vendor, why GST not paid

Maya (Student) (658 Points)
Replied 13 November 2018

any other options to take the action immediately????

Ravi (Ca articleship) (335 Points)
Replied 13 November 2018

you cAn avail ITC benefits and file return

Maya (Student) (658 Points)
Replied 13 November 2018

Actually it is not seen in GSTR 2A. Then how can we claim it by filing the return??

saurabh sawlani (2157 Points)
Replied 14 November 2018

first u can't claim itc for jewels because its gift purpose & u can claim itc for chairs if u have proper tax invoice

RAJA P M ("Do the Right Thing...!!!") (127140 Points)
Replied 14 November 2018

Yes... I agreed to Mr Saurabh Sawlani.,

@ Maya.,

You can't avail ITC benifit for the Gold Purchase which is used to Gift.

But,

You can avail the ITC benifit for the Purchase of Chairs which is used in Your office. If You have proper GST Invoice then You can take ITC based on the Invoice...

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Maya (Student) (658 Points)
Replied 14 November 2018

Thank you all frds......Okay....even if I take those values while filing GSTR 3B, practically how can I utilise it's credit without filing it from the vendor's end???