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Reversal of Input Credit Tax
Sir, my dealer has not uploaded one bill purchased on 12-03-2018 despite kept reminding him now it's been 180 plus days so far. Kindly guide me at what rate of 18/24% interest to be paid and from what date???
Replies (6)
Provision of 180 Days is in regard to Non payment purchase Bill to supplier & reversal of ITC with intt.
Hence if you have Original copy of bill with Goods receipt proof can claim ITC , moreover , as per Order 2/2018 CT , rectification in return pertaining to FY 2017-18 can be done upto 31/03/19 so ask your supplier to add that bill
Hence if you have Original copy of bill with Goods receipt proof can claim ITC , moreover , as per Order 2/2018 CT , rectification in return pertaining to FY 2017-18 can be done upto 31/03/19 so ask your supplier to add that bill
you can claim itc.
the seller who has not paid tax on that bill.he is liable to pay interest
the seller who has not paid tax on that bill.he is liable to pay interest
Good clarification Pankaj ji.....
The said notification is only for job work as per my knowledge??
For job worker ITC-04 NOTIFICATION NO 78/2018.. For invoices ITC Notification no 02/2018...
@ ABHINAV SAXENA
ITS NOT NOTIFICATION ITS ORDER (REMOVE DIFFICULTY)
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