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Input tax credit, Goods and Services Tax - GST

Issue Id: - 118170
Dated: 26-9-2022
By:- Bharat Cholleti

Input tax credit


  • Contents

Dear sir,

Applicant availed Input tax credit as per the invoices which is not reflected in 2A, Now received notice for payment of difference tax between 3B and 2A, applicant remitted the payments to supplier through cheques only. kindly support with case laws in this matter. Section 16 2(aa) is only effective from 01-01-2022 As per Finance Act 2021.

Posts / Replies

Showing Replies 1 to 9 of 9 Records

Page: 1


1 Dated: 27-9-2022
By:- DR.MARIAPPAN GOVINDARAJAN

Your query is not clear.


2 Dated: 27-9-2022
By:- Ganeshan Kalyani

Yes, Sec 16(2)(aa) is made effective from. 01.01.2022 vide Notification 39/2021-CT dated 21.12.2021.


3 Dated: 27-9-2022
By:- Ganeshan Kalyani

Pls elaborate your query.


4 Dated: 27-9-2022
By:- Bharat Cholleti

Sir,

Notice issued for difference tax in between 2A and 3B for the years 2018-19 to 2021-22, ITC as per 2A is less and 3B is higher, these difference tax applicant is having invoices supplier uploaded as B2C instead of B2B hence not reflected in 2A and difference arise between 2A and 3B.

, in this situation is recipient eligible for ITC? please advice.


5 Dated: 29-9-2022
By:- Shyam Naik

Please ask suppliers to provide a CA certificate stating that the supply has been reported as B2C in place of B2B. However, due GST on the supply has been remitted.

Reliance can be placed on Internal Circular No. CST /JC (HQ-5)/Scrutiny/Issues/File No- /B-1 dt 25.02.2022 on "Guidelines with respect to legal issues pertaining to return scrutiny for tax periods
2017-18 and 2018-19" issued by the Commissioner of State Tax, Government of Mahashratra.


6 Dated: 30-9-2022
By:- Ganeshan Kalyani

It is hardship on the recipient taxpayer for the ITC has been denied to him. Department follows 2A and allows credit only if invoice appears in 2A.


7 Dated: 5-10-2022
By:- Shilpi Jain

Agree with Shyamji. Get a CA certificate of the supplier in the present case and close the dispute.

I also agree with the querist that the condition of matching is not required prior to 1.1.22 though this point of argument will be a long way of dispute which may have to go up to the Courts to settle.


8 Dated: 4-12-2022
By:- THYAGARAJAN KALYANASUNDARAM

Dear Mr.shyam,

Is there any similar circular issued by karnataka state / central government. Since I have one case pending in karnataka commercial court.

Thanks in Advance.


9 Dated: 4-12-2022
By:- Shyam Naik

No such circular by Karnataka State. However, Circular issued by one state is equally applicable in other states. Benefit of the circular was extended in West Bengal in my own case.

Further, the Audit Manual of CBIC requires the auditor to verify the payment of tax from suppliers end for high value transactions in case of mismatch between 2A and 3B. Point is the manual do not require ITC reversal and is concerned only with discharge of tax by the supplier.


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