dear
if supplier collect the gst amount with goods amount from receipent and not deposited with government, then what is the status of input credit of receipent?
from whom government recover the gst?
is receipent also liable for default of supplier?
Menu
Tax laibility of receipent of input credit
Replies (1)
| Originally posted by : Pardeep Sharma | ||
 |
dearif supplier collect the gst amount with goods amount from receipent and not deposited with government, then
what is the status of input credit of receipent? - If not deposited/Paid then ITC not available from whom government recover the gst? - From the Receipient. Bcoz, He is availed the ITC as per Invoice is receipent also liable for default of supplier? - Yes... GST Law says this way |
 |
Recent Threads
- Intraday trading under presumptive
- Itc04 rorm date error
- Acknowledgment No. and date to be mentioned in rev
- Interest On Enhanced Compensation u/s 28 of Land a
- Wrong Place of supply mentioned by supplier on inv
- Itr for presumptive taxation and foreign asset
- BOE not reflacting on IDPMS
- TDS On Property - Income Tax Notice
- High Value Transaction - FY 24-25
- ITR e-verified but not under processing for 5 mont
Related Threads
CAclubindia
