Fw: Invoices Pending for Accounting - Mar'22

CA. Sriram Kumar M <sriram@hiregange.com>

Mon 01-08-2022 16:11
To: Chandru <chandru@jayanti.com>
Cc: CA RoopaNayak <roopa@hiregange.com>;CA Jatin Nagpal <jatinnagpal@hiregange.com>;P Amarnatha Raju <amarnath@hiregange.com>;Anumula Sumanth Kumar <sumanthkumar@hiregange.com>

5 attachments (3 MB)
Annexure 1 Air Asia - Rajiv Palicha.pdf; Annexure 2 Air Asia - Ridhun.pdf; RajivPalicha.pdf; Rithun and Praveen.pdf; Sachin.pdf;

Dear Chandru Sir, 

   We reply to you as under 

Query:  
Below are the transactions invoices are not available. After thorough verification the attached tickets are available towards these transactions and verified that
credit on these tickets not claimed. However, there is a small amount of difference in tax amount due to other charges appear on invoice. 
  
However, if we do not claim credit the complete amount of credit will be lost. Please suggest if we can claim credit on these transactions since they are appearing in
GSTR2A and tickets are available but not invoices. We have tried all the ways to get the invoices but no response from Airlines: 
  
Invoice Invoice Taxable
MSD Name  GSTIN of supplier  Invoice number  Date  type  Value  IGST  CGST  SGST 
Travel booking
confirmation of
Sachidanandan from C
AIR INDIA EXPRESS 28-11- to Delhi for GST credit
LIMITED  33AABCA0522B1ZR  TN4FQ1121/AAA033  2021  R  10752.38  0  268.81  268.81  Rs. 490/- is available 
31-01-
AIR INDIA LIMITED  23AACCN6194P1ZX  232212BP01AAA089  2022  R  4050  203  0  0  Not Applicable 
28-02-
AIR INDIA LIMITED  23AACCN6194P1ZX  232232BP02AAA017  2022  CN  -4050  -203  0  0  Not Applicable 
20-10-
Airasia (India) Ltd  29AALCA4699P1ZJ  IBLR211000049838  2021  R  10240  512  0  0     
Travel Ticket of Mr.
Rajivpalicha with tax
31-01- credit of Rs. 145/- is
Airasia (India) Ltd  32AALCA4699P1ZW  ICOK220100008365  2022  R  3591.43  179.57  0  0  avialable 
Travel Ticket of Mr.
Ridhun VM, Praveen
Kumar from
Visakhapatnam to
Hyderabad is
21-10- available for tax credi
AIRASIA INDIA LIMITED  37AALCA4699P1ZM  IVTZ211000005824  2021  R  10335.26  516.74  0  0  Rs. 450/- 
IBIBO GROUP PRIVATE 25-02-
LIMITED  33AAHCP1178L1Z7  RTN22-A000881229  2022  R  700  0  17.5  17.5    
MakeMyTrip(India)Private 27-10-
Limited  06AADCM5146R1ZZ  M06AI22I05527124  2021  R  491.53  88.47  0  0     
28-01-
YATRA ONLINE LIMITED  06AAACY2602D1ZW  HO2206/1398434  2022  R  264.34  47.58  0  0     
                             
                  1344.36  286.31  286.31    
H&A comments:  
We understand that in the instant case invoices are pertaining to FY 2021-22 
 
Sec 16(2) of CGST Act 2017 provides certain conditions to avail credit of GST paid on the goods/services procured.  
The conditions are as follows: 

Jayanti should have a valid tax invoice issued by the Vendors of goods or services. 
Jayanti should have received the goods or services 
The details of ITC with respect to the said supplies are not restricted in FORM GSTR-2B – To be notified. [Finance Act 2022 proposal] 
The taxes with respect to the said supplies have been remitted by the supplier to the Government 
Jayanti should have filed return u/s 39 (i.e., GSTR-3B) 
Additional condition for availment of ITC 
The period from 01.04.2021 to 31.12.2021 
Rule 36(4) of CGST Rules was inserted which provides restriction on availment of eligible ITC wherein the recipient could avail eligible ITC in GSTR-3B lower of the
following  

eligible ITC appearing in GSTR-2A + 5%* or  

eligible ITC as per books of accounts  
The period from 01.02.2022 to till date 
The details of the Tax invoice issued by the Vendor shall be furnished by the supplier in his GSTR-1 and the same has been communicated to Jayanti in GSTR-
2B.- w.e.f. 01.01.22  
 
We understand that Jayanti wishes us to comment on ITC on airline tickets based on the document shared with us. 
 
In terms of Rule 36(1) ITC would be eligible to Jayanti on the basis of an invoice issued by the supplier of goods or services or both in accordance with the
provisions of section 31; 
Further as per proviso to rule 36(2) which provides that Jayanti would be eligible to avail ITC even if all particulars of Tax invoice not mentioned provided
minimum details as follows are mentioned 
 the details of the amount of tax charged,  
description of goods or services,  
total value of supply of goods or services or both,  
GSTIN of the supplier and recipient and  
place of supply in case of inter-State supply 
 
A. Air Asia  

The details of the Tax Invoice of Air Asia would be available in official mail registered with Air Asia, alternately Jayanti could download it from the official
website of Air Asia [https://www.airasia.co.in/gst-tax-invoice] with Booking ID and Airport code 
(i) Rajiv Palicha - IGST 179.57 
PFA as Annexure 1 - Tax invoice downloaded from the above website - Jayanti is suggested to re-check/re-confirm the authenticity of invoice downloaded,
thereafter it could avail ITC based on such tax invoice provided satisfied all conditions above as discussed 
(ii) Ridhun and Praveen - IGST 516.74 
PFA as Annexure 2 - Tax invoice downloaded from the above website - Jayanti is suggested to re-check/re-confirm the authenticity of invoice downloaded,
thereafter it could avail ITC based on such tax invoice provided satisfied all conditions above as discussed 
B. Air India Express 

Sachidanandan - The document issued by Air India Express Ltd clearly is not a Tax Invoice further the document declares in its General note as follows "This
is an itinerary receipt and not a GST/VAT Invoice." 
Jayanti is not eligible to avail ITC as it is not in possession of the Tax Invoice 
It is suggested to avail ITC based on the tax invoice issued by Air India Express 
Please revert for further clarifications.  

CA Harish P Devda
Assistant​Manager

HIREGANGE & ASSOCIATES LLP

Chartered Accountants

1010, II Floor, 26th Main, 4th T Block, Jayanagar, Bengaluru - 560041

Tel: 080-26536404/05 / 080-41210703
M: +91 9741050696
www.hiregange.com 

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From: Chandru <chandru@jayanti.com>

Sent: Tuesday, July 26, 2022 11:58 AM

To: CA Jatin Nagpal <jatinnagpal@hiregange.com>; P Amarnatha Raju <amarnath@hiregange.com>

Cc: CA RoopaNayak <roopa@hiregange.com>

Subject: RE: Invoices Pending for Accounting - Mar'22

 
Dear Jatin
 
Below are the transactions invoices are not available. After thorough verification the attached tickets are available towards these transactions and verified that credit on these tickets not
claimed. However, there is a small amount of difference in tax amount due to other charges appear on invoice.
 
However, if we do not claim credit the complete amount of credit will be lost. Please suggest if we can claim credit on these transactions since they are appearing in GSTR2A and tickets are
available but not invoices. We have tried all the ways to get the invoices but no response from Airlines:
 
Invoice Invoice Taxable
MSD Name GSTIN of supplier Invoice number Date type Value IGST CGST SGST
Travel booking confirmation of Sachida
28-11- from CBE to Delhi for GST credit of Rs.
AIR INDIA EXPRESS LIMITED 33AABCA0522B1ZR TN4FQ1121/AAA033 2021 R 10752.38 0 268.81 268.81 available
31-01-
AIR INDIA LIMITED 23AACCN6194P1ZX 232212BP01AAA089 2022 R 4050 203 0 0 Not Applicable
28-02-
AIR INDIA LIMITED 23AACCN6194P1ZX 232232BP02AAA017 2022 CN -4050 -203 0 0 Not Applicable
20-10-
Airasia (India) Ltd 29AALCA4699P1ZJ IBLR211000049838 2021 R 10240 512 0 0  
31-01- Travel Ticket of Mr. Rajivpalicha with ta
Airasia (India) Ltd 32AALCA4699P1ZW ICOK220100008365 2022 R 3591.43 179.57 0 0 Rs. 145/- is avialable
Travel Ticket of Mr. Ridhun VM, Pravee
21-10- from Visakhapatnam to Hyderabad is a
AIRASIA INDIA LIMITED 37AALCA4699P1ZM IVTZ211000005824 2021 R 10335.26 516.74 0 0 for tax credit of Rs. 450/-
25-02-
IBIBO GROUP PRIVATE LIMITED 33AAHCP1178L1Z7 RTN22-A000881229 2022 R 700 0 17.5 17.5  
MakeMyTrip(India)Private 27-10-
Limited 06AADCM5146R1ZZ M06AI22I05527124 2021 R 491.53 88.47 0 0  
28-01-
YATRA ONLINE LIMITED 06AAACY2602D1ZW HO2206/1398434 2022 R 264.34 47.58 0 0  
                   
            1344.36 286.31 286.31  
 
 
Chandru
 
 
+91 8884418862
 

www.jayanti.com Follow us on LinkedIn

 
 
 
From: Gayathri A <gayathri.a@jayanti.com>

Sent: 25 July 2022 23:00

To: Seema <seema@jayanti.com>; Gopala A <gopala.a@jayanti.com>

Cc: Komal Shah <komal@jayanti.com>; Chandru <chandru@jayanti.com>; Kavitha <kavitha@jayanti.com>

Subject: RE: Invoices Pending for Accounting - Mar'22

 
Thank you seema mam for swift response.
 
Dear Chandru – at this case, what do you want us to do – It is paid through credit card already.
 
Option 1- account the entry without bill, forego the GST and book it as expenses
Option 2 – account the entry without bill with GST credit in books.
 
Pls advise if there is any other feasible option too in order to complete the entry asap.
 
 
 
 
 
 
Gayathri A
 
+91 848 991 8807
 

www.jayanti.com   Follow us on LinkedIn

 
 
 
From: Seema <seema@jayanti.com>
Sent: 25 July 2022 22:57
To: Gayathri A <gayathri.a@jayanti.com>; Gopala A <gopala.a@jayanti.com>

Cc: Komal Shah <komal@jayanti.com>; Chandru <chandru@jayanti.com>; Kavitha <kavitha@jayanti.com>

Subject: RE: Invoices Pending for Accounting - Mar'22

 
Dear Gayathri,
 
We do not have pending invoices mentioned in the list. We will not be able to get them from vendors as none of them have responded.
 
Thanks
Seema Joshi
 
From: Gayathri A <gayathri.a@jayanti.com>

Sent: 25 July 2022 22:54

To: Seema <seema@jayanti.com>; Saranya <saranya.r@jayanti.com>; Jayaprakash <jp@jayanti.com>; Gopala A <gopala.a@jayanti.com>

Cc: Komal Shah <komal@jayanti.com>; Chandru <chandru@jayanti.com>

Subject: FW: Invoices Pending for Accounting - Mar'22

 
Dear seema mam
Dear Saranya
Dear JP
 
Attached the final list from Gopala for pending invoices to receive for Mar 22 closure.
 
Can you pls give us a final call on receipt of bill. We need to finalise book closure soon with stat. auditors.
 
Thank you in advance. An early reply will be great help.
 
 
 
 
Gayathri A
 
+91 848 991 8807
 

www.jayanti.com   Follow us on LinkedIn

 
 
 
From: Gopala A <gopala.a@jayanti.com>

Sent: 25 July 2022 20:33

To: Gayathri A <gayathri.a@jayanti.com>

Subject: Invoices Pending for Accounting - Mar'22

 
Dear Gayathri,
 
Please find attached details of Invoices not accounted in MSD for want of bills and do the needful.
 
 
Gopala A
 
+91 8884000163

www.jayanti.com   Follow us on LinkedIn