Question ID :
Non- receipt of Goods
In case of few purchases, supplier of goods raises invoices in the name of particular buyer, but goods taken away by some other person from transporter. Only issue is ITC comes under buyers name without actual purchases / payment / supplies. If buyer not take credit of the same from 2B on account of the above, how it would deal with possible reversal if any (in future)
Answer ID :
SURAJ KUMAR CHOUDHARY
Nov 06, 2023
If the supplier is known ask them to amend the GST Number or atleast to raise a Credit note. If the supplier is not known then claim as per 2B and reverse under others so that even in future they make amendment it won't create issue. After the time limit to make amendment expires u can reverse it permanently.
VINAY BHARGAV KUMAR G on
Nov 07, 2023
Answer ID :
Situation-1: If the goods are directly delivered to recipients customer (Bill to Ship to) directly without bringing in the goods to recipients place.
In such a case ITC appearing in GSTR-2B can be availed. However, the recipient should prove to the Dept when demanded based on the Tax invioces, E-waybill that the goods are directly dispatched to their customers address from Vendors place. This is a deemed receipt of goods as per Explanation provided under Sec 16(2)(b) of CGST Act 2017.
Situation:2 The supplies issues Invoice say in Novemeber 2023, however the recipients gets the goods delivered in December 2023, in such a case, the recipient should reverse the ITC to that extent appearing in GSTR-2B, bu disclosing the same in temporary reversal column Table 4(B)(2) of November GSTR-3B.
In the next month GSTR-3B, i,e, when the goods are received, recipient should show the ITC in Table 4(A)(5) which was temporarily reversed earlier and also disclose in Table 4D(1).
Situation 3: If Vendor issues Invoice, however later the deal is cancelled, in such a case insist the Vendor to issue a GST credit note. The ITC which was shown under temporary reversal Table 4(B)(2) shall be shown as permanent reversal under Table 4(B)(1)
SREENIVASULU THULASIRAM on
Feb 11, 2024