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Issue ID: 112382
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Input Tax Credit on Manufacturer invoice? or Dealer Invoice

Date 19 Jul 2017
Replies 4 Replies
Views 1421 Views
Input tax credit depends on valid tax invoice issuance; dealers charging GST must issue tax invoices for credit eligibility.
Input tax credit under GST depends on a valid tax invoice in the recipient's name evidencing taxable supply and tax payment; a document titled "bill of supply" is inappropriate for claiming credit when GST has been charged. Dealers charging GST must issue tax invoices; taxable persons registered under GST must follow invoice formalities, and entitlement to credit requires compliance despite limited transitional tolerance for procedural lapses. (AI Summary)

Dear Experts,,

We are a manufacturing unit. Some of the Raw Materials we have purchased from Dealers, So we have Dealer invoice and as well as the manufacturer invoice, Both of them charging GST in their bills and both the invoice contain our name as party name.. We are deal only with the dealer and the we made the payment also to them only..

So in the above case we are able to take a input tax credit from the Manufacturer invoice or dealer invoice. .Pls suggest asap..

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