ITC Claimed Bu Supplier Has showed In Annual Return Only

[NILESH PITALE]

Dear Expert

In One of Our Case of Fy 19.20 , We have Claimed Pending ITC of F Y 18.19 in the Return 3B of Sept 19, Our Supplier Did Not Reported Sales Bills in GSTR-1 & 3B of F Y 18.19 but Showed the Bills Turnover in Annual Returns of F y 18.19 and Paid the Taxes( Only) in 3B of Sept 19 that means Supplier Did Not showed Taxable value but showed Taxes only in 3B.

In such case can GST Officer Allowed the ITC, Please guide.

AI Summary

Taxpayer Can Claim Input Tax Credit Despite Supplier's Monthly Return Discrepancies Under Specific Compliance Conditions A taxpayer sought advice on claiming Input Tax Credit (ITC) for fiscal year 2018-19 where the supplier did not report sales bills in monthly returns but showed turnover and paid taxes in annual returns. Experts recommended obtaining a supplier certificate and suggested that ITC should not be denied since taxes were paid within the prescribed timeframe and reflected in annual returns.