This is to bring to your kind notice that as per the GST law, we would not be able to take Input Tax Credit on invoices pertaining to Financial year 2021-22, after 30 September 2022. If as per your records, there are any un-submitted invoices (dated from 1st April 2021 to 31st March 2022), we request you to submit the same to us on or before 10th Sep 2022. This will enable us to account for these invoices by the due date, and take credit for the GST paid.
Please note that if any invoice relating to Financial Year 2021-22 is submitted to us for processing on or after 10th September 2022, we will not be paying the GST portion of the same. Expecting your cooperation and early response.
As you are aware, the Government has mandated credit availment basis ONE TO ONE MATCHING of invoices, Debit notes and Credit Notes with GSTR-2B statement. GSTR-2B is generated based on the timely filing of GST returns by the supplier and as a result, we request your support in timely filing of GST returns (GSTR-1 & GSTR-3B) so that input tax credit to BHEL, Bhopal is available in a timely manner without any credit loss.
Please note that in case of any loss of input tax credit on account of default / delay from your side, it will be recoverable from you along with applicable interest, penalty.
• Input tax credit to the extent marked as INELIGIBLE in GSTR-2B due to delay in filing returns by the vendor partner.
• Input tax credit to the extent not reflecting in GSTR-2B due to default in filing returns by the vendor .
• Any mismatched transactions such as incorrect GSTIN, incorrect tax/taxable value, tax type etc. due to which there is a loss of credit.
• GST Credit notes raised without giving specific reference(s) to original invoice(s) /Debit Note number(s) against which such credit notes are issued.