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Gst input tax credit.

B.R.Vinod kumar (Accounts Manager) (275 Points)

19 March 2022

Hi,

One of client made purchase and not made any sales for 6 month. So he fill the return nil but is input credit not update in gstr 3b,it showing in 2A. How can rectify this kind of errors and correct the input tax ledger.

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12 Replies

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 19 March 2022

Check 2B , if it's appearing then you may consider it

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B.R.Vinod kumar (Accounts Manager) (275 Points)
Replied 20 March 2022

Hi, thanks for your reply. It is reflected in 2b, in gstr 3b auto generation details showing. But client wrongly field as zero. If any possible to rectify the error.

sabyasachi mukherjee (27574 Points)
Replied 20 March 2022

Fill up gstr 1 the input credit will automatically appear in 2A.

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 20 March 2022

Request client to add it in March GSTR-1

B.R.Vinod kumar (Accounts Manager) (275 Points)
Replied 20 March 2022

If we added in March, site notify do not add more than 10% like that.

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Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 20 March 2022

Hope you are the receipient of supply..Iam telling that request the supplier to enter it again

B.R.Vinod kumar (Accounts Manager) (275 Points)
Replied 20 March 2022

Hi, supplier are in flipkart , Amazon and they file the return correctly. Our client only made mistake in filling the nil return.

CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 20 March 2022

Just take ITC in your GSTR-3B. It will highlight as red but since the amount is already getting reflected in GSTR-2B it is eligible.

Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 20 March 2022

If it's appearing in 2B then unavailed credit can be availed through GSTR-3B as said by above member

Imthias ahamed Kormath (910 Points)
Replied 21 March 2022

ITC not claimed in the nill supply as per 2 A for 6 months. Invoice validity expired.So,ITC may reversal in the March with interest.His stock is exist as closing stock.

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Eswar Reddy S (CFO- at NHTF) (58270 Points)
Replied 21 March 2022

You will get time till the date of filing of annual return to avail the ITC..Click no for NIL return in GSTR-3B and add unavailed ITC in the current month

Imthias ahamed Kormath (910 Points)
Replied 22 March 2022

ITC not paid to govt account,it collected by his supplier with his output,if he paid it to his supplier,no reversal ,but he can prove it with his payment.His supplier claim ITC for purshase and cash paid for his output to deposit cash ledger to meet tax due.