Here’s how to avail GST credit if your supplier has not uploaded invoices
Rounak JainFeb 22, 2021, 09:19 IST
Unavailability of GST credit is one of the issues that plagues taxpayersIANS
The Goods and Services Tax (GST) regime requires the sellers to upload invoices in a timely manner to allow buyers to avail GST credit.
However, if the seller fails to upload an invoice or makes any error, the buyer’s GST credit gets blocked until this is rectified.
This can create working capital management issues, but a solution is in the works, says Tally Solutions’ Mohan D.
Further, there is a workaround if you want to claim GST credit in case your supplier has not uploaded invoices.The problem of buyers not being able to avail Goods and Services Tax (GST) credit for more than one year is not unheard of. Many buyers have their Input Tax Credit (ITC) blocked or the credit lapses because their supplier has not uploaded their invoices or has not filed their GST return in time.