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Purchase from Quaterly Tax payers
what if a taxpayer is quaterly and its said that a person can only claim as per GSTR2A cant claim excess so what to as some of them are saying that it should be utilised after the quater but my purchase is before the quater month example bill of nov month quater end dec so what to do in this case and department is sending notice so what should be done for quaterly purchase.
Replies (2)
As per my view (my view only).,
We can take ITC as per quarterly calculations. So, You can take ITC as per Your purchase invoices.
But, main think it will be shown in GSTR-2A after the quarter filings...
We can take ITC as per quarterly calculations. So, You can take ITC as per Your purchase invoices.
But, main think it will be shown in GSTR-2A after the quarter filings...
Its simple that u have to take those credit only which reflacts on gstr 2a and remaining is your liablity to pay. U can avail the same @ when it reflacts. because gst will send the notice on monthly basis,if taken those credit which is only in your books.
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