GST input credit

In GSTR-3B , eligible ITC is ITC as per GSTR-2A (subject to eligibility of credit) plus 10%.

 

For GSTR 3B 110% of eligible ITC of GSTR 2A is available. it's preferable to avail the ITC which is reflecting in 2A.

Ok.. now if we have entered books ITC in GST returns.. pls advise how to correct these ?

As per Notification Notification 30/2020 CT , r/w circular 136/06/2020 GST , the Rule 36(4) of 110% of eligible ITC of GSTR 2A will not apply to ITC availed for return in GSTR 3B for Months Feb, March, April, May, June July & August 2020 , but the said condition/Rule shall apply cumulative for the said period & that the return in 3B for the tax period of September 2020 shall be furnished with cumulative adjustment of Input tax for the said months.

So no need to worry can take book credit in 3B but cumulative ITC for above said period shall be not be more than the 110% of 2A of said period

If your book ITC not exceed 110% of 2A then theres no problem, but if it's exceed then adjust that in next month.

Agree with Pankaj Sir...

The 110% Eligible ITC Condition of Rule 36(4) of the CGST Rules 2017 "shall apply cumulatively for the period February, March, April, May, June, July and August, 2020 and the return in FORM GSTR-3B for the period September, 2020 shall be furnished with the cumulative adjustment of input tax credit for the said months in accordance with the condition above.”

Therefore you can claim the credit as per Books now.

Refer Notification No. 30/2020 - Central Tax, dated 03.04.2020.