Menu
Return not submitted
If my seller does not upload his sale by 10th. What would happen to my ITC
Replies (3)
you won't get ITC credit
yes if ur supplier fails to do so u will have to suffer so always purchase from those who regularly make compliance
As per Sec 16(2)(c), No registered person shall be entitled to the credit of any input tax in respect of any supply of goods/services to
him unless the tax charged in respect of such
supply has been actually paid to the Government.
So, if your supplier dont pay his taxes, you are not entitled for ITC.
him unless the tax charged in respect of such
supply has been actually paid to the Government.
So, if your supplier dont pay his taxes, you are not entitled for ITC.
Recent Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
