Dear sir, If a registered dealer taking ITC without giving his GST Number to his registered supplier then is there any panalty on this. Please reply soon

Asked on December 20, 2018 in Miscellaneous.
Add Comment
2 Answer(s)

Itc availed will have to be refunded with intt.

Answered on December 20, 2018.
Add Comment

Taking itc without giving your GSTIN no.to regd.supplier will not be tenable. In this case regd..supplier not knowing your GSTIN will show it as b2c sale,not b2b sale.hence will not reflect in 2A ,as such you will not get itc.

Answered on December 20, 2018.
Add Comment

Your Answer

Gen GST