The input credit returns for all businesses could now be easily claimed. The GST return process has been simplified by the central government by the introduction of GSTR-2A form.
GSTR-2A is automatically generated by the GST portal for all the businesses. This is a tax return form which contains the details of all the purchase related invoices.
Now, the Businessmen are not supposed to submit all the purchase invoices for the month to the Tax authority. GSTR-2A will be considered as the account of the supply of goods and materials by the corresponding supplier to the businessman and for which he has claimed the input tax credit return.
The procedure is now easier and the claimant has to submit the printout of GSTR-2A form to the Tax authorities. Sometimes GSTR-2A might show incomplete information related to input tax credit due to delay in actioning of the GSTR-1 form of the supplier or the supplier has missed to submit the form GSTR-1.
In such a case the proper officer could ask for the hard copies of such invoices. The Ministry clarified that no such invoice could be asked for which is already present in the GSTR-2A
The ministry quoted that, “It is hereby clarified that neither the State nor the Central tax authorities shall refuse to disburse the amount sanctioned by the counterpart tax authority on any grounds whatsoever, except under sub-section (11) of section 54 of the CGST Act.”
The problem-solving step is supposed to be taken in a positive way as there were lot many issues earlier due to the unavailability as well as multiple invoices for the refund.
Read Also: How to File GST Refund Claims Manually? Step by Step Guide
Can I claim ITC on payment to the security guard and CA?
Yes, ITC can be claimed on payment to the security guard and CA if all the conditions under section 16 of CGST act are fulfilled.