Vedmutha Electricals India Private Limited ., In re
Date: May 25, 2023
Subject Matter
Applicant is eligible to take full credit of GST charged in the tax invoice issued by the supplier, even if a commercial/financial credit note is issued later
Summary
The ruling states that an applicant is eligible to take full credit of GST charged in the tax invoice issued by the supplier, even if a commercial/financial credit note is issued later. This is as per the provisions of Section 15(3)(b), which states…
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING, ANDHRA PRADESH, (Under sub-section (4) of Section 98 of Central Goods and Services Tax Act, 2017 and sub- section (4) of Section 98 of Andhra Pradesh Goods and Services Tax Act, 2017) 1. At the outset we would like to make it clear that the provisions of CGST Act, 2017 and SGST Act, 2017 are in pari materia and have the same provisions in lik…