input credit

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....nput credit<br> Query (Issue) Started By: - shobiraj t Dated:- 15-7-2020 Last Reply Date:- 18-7-2020 Goods and Services Tax - GST<br>Got 5 Replies<br>GST<br>sir, sub: Request your kind advice - input credit availed (Trading of Goods) we have availed input credit on motorbike (activa) during the year 2019-20, which is used for bank purpose and delivery of goods, but it is found that input credit ....

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....is not allowed as stated by our consultant, kindly suggest the remedies a) whether to refund the amount by submitting DRC 3 or we have a untilsed credit balance in our credit ledger , it is possible to reverse the claim in june 2020 GSTR-3B with interest b) sir, whether it is possibe to claim input credit if we convert the private vehicle into commercial vehicle, c) is it possible to reverse fi....

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....led GSTR-3B of Jan 2020 kindly reply Reply By KASTURI SETHI: The Reply: Query-wise reply is as under :- 1. Yes. You can reverse through GSTR 3 B for June, 20. Interest will be paid in cash. For reversal, read Table No.4 Column No.(B) ITC Reversed (2) Others . Reverse against &#39;Others&#39;. 2. NO. 3. NO. Reply By Alkesh Jani: The Reply: Shri. I agree with the precise and perfect answer ....

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....of Shri Kasturiji Sir. Reply By Ganeshan Kalyani: The Reply: I also agree with the reply of Sri Kasturi Sir. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: I also endorse the views of Kasthuriji. Reply By ishan goel: The Reply: Hi Sir Can i claim gst on cycle<br> Discussion Forum - Knowledge Sharing ....