Donati (Self occupation) (102 Points)
22 April 2021As per TAX LIABILITY & ITC STATEMENT SUMMARY(FY20-21), it appears that I have not claimed ITC on many instances (months), the reason being these did not reflect in the respective month's GSTR2A, can I claim them now in March 21 GSTR3B.
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 22 April 2021
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 22 April 2021
Yes claim ITC and also make proper reconciliations for the same.
Donati
(Self occupation)
(102 Points)
Replied 22 April 2021
I am getting this message when I entered anything more that is available in GSTR2B for the quarter (Jan-Mar21).
"The information entered by you in cells highlighted in red is in variance with the auto-populated data in table 4A. The input tax credit has been auto-populated based on the GSTR-2B generated for you. Also, please note that any variance above 5% of the input tax credit is in contravention to Rule 36(4) of the CGST Rules, 2017. Kindly recheck and proceed."
Can I still CLAIM all the unclaimed ITCs as per ITC SUMMARY (2020-2021)
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 22 April 2021
Yes you can still claim. Prepare proper reconciliations so that you can explain to the department when needed.
Donati
(Self occupation)
(102 Points)
Replied 22 April 2021
Ok. I'll claim them. Thanks for your help.
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 22 April 2021
CAclubindia
