UNFORTUNATELY WE CLAIMED ITC FOR A CAPITAL GOODS IN GSTR 3B, BUT GSTR1 NOT FILED CAN I RECTIFY THE ITC SALES?
Menu
Wrong ITC Claimed
Replies (6)
Can you elaborate your query ?
As per my understanding you purchased capital goods and claimed ITC !
what is the relevance of GSTR 1 in the same?
As per my understanding you purchased capital goods and claimed ITC !
what is the relevance of GSTR 1 in the same?
What is ITC sales🙄
gstr 1 not filed by supplier????
do the invoice contains your GSTN printed?
gstr 1 not filed by supplier????
do the invoice contains your GSTN printed?
You can utilise credit of input tax paid on capital goods
"You can utilise credit of input tax paid on capital goods"
Ramaraju G
yes sir, 100000/- cost +18000/- tax purchased taxable capital goods as they said, now it was sale as exempted supplies..It means the instrument they buy and they freely installed in their customer place. Now It was already claimed in 3B as ITC, and sale also the same month. Is it right sir?
I am not getting clarity on your question,
At the time of supply of capital good supplier charges GST but later he said asset you purchased is exempted from GST right??
At the time of supply of capital good supplier charges GST but later he said asset you purchased is exempted from GST right??
An instrument we bought from supplier with our name displayed in that instrument for the purpose of not for sale . Then we fix to the customer end at free of cost but with some deposit ( like bsnl brodband router). Is this capital goods or not? can we claim itc or not?
Recent Topics :
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
Related Topics :
CAclubindia
