How will purchaser come to know whether supplier has paid tax in respect of goods supplied to him, for claiming ITC?

How will purchaser come to know whether supplier has paid tax in respect of goods supplied to him, for claiming ITC ? Payment dates for purchaser & seller is same i.e 20th

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4 Answer(s)

Invoices contains tax infotmation.

Answered on May 29, 2017.
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Supplier will upload sales on 10th which will be corelated by purchaser by 15th input tax credit has no impact with payment by supplier.

Answered on May 29, 2017.
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The tax payer will get 3 electronic ledger namely e- cash, e -credit and e- liability . the tax payer should be cross check the input tax credit reflected in their account. there after they should discharge the liability before filing of last return gstr 3( auto populated).

Answered on May 29, 2017.
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Supplier will upload by 10th of succeeding month whereby purchaser will upload by 15th. thus giving 5days to corelate and same will available in GSTR2A by auto population.

Answered on May 29, 2017.
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Your Answer

Gen GST