Q. 551 Have received notice for availment of ITC in GSTR 3B during fin year 2018-19 in violation of the provisions of 16 (4) as the GSTR 3B for the period Aug 18 to March 19 was filled in April 2020 whereas the due date of filling return was 20th Oct 2019 . Is any provision there for waiver of the same ?

Ans. No waiver available.

Q. 550 AS PER LATEST CIRCULAR RCM IS REQUIRED TO BE PAID ON RENTPAID . BUT OUR CONCERN IS WHETHER IS IT CAN BE CLAIMED IN NEXT MONTH

Ans. Yes, you can input tax credit for the same.

Q. 549 OUR 2 SUPPLIERS FILED THERE GST RETURN FOR FY 18-19 AFTER THE SEPT OF NEXT FY AND WE ALREADY TAKEN ITC OF THE SAME IN THE MONTH IN WHICH WE PURCHASE, NOW WE RECEIVED NOTICE FROM DEPARTMENT FOR REVERSAL OF ITC AND CHARGE INTEREST.PLEASE GUIDE THE WAY HOW WE CAN AVOIDE THE SAME?

Ans. In the above case, you can use no timeline mentioned in payment of tax conditions mentioned in section 16 of the CGST Act 2017.